Good riddance. Cybercriminals are forecasted to ditch Bitcoin as their ransom payment of choice, as sanctions, regulations, and improved tracking technology is proving too much for them to handle.
) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds.noted that ransomware negotiations and payments would rely less on Bitcoin as a transfer of value as an increase in digital asset regulations and tracking technologies will force cybercriminals to rotate away from Bitcoin and into other methods.
Kaspersky also noted that crypto scams have increased along with the greater adoption of digital assets. However, it said that people have become more aware of crypto and are less likely to fall for primitive scams such asIt predicted malicious actors will continue trying to steal funds through fake initial token offerings and nonfungible tokens and crypto-based theft such as smart contract exploits will become more advanced and widespread.from them as reported by Cointelegraph.
The report also noted that malware loaders will become hot property on hacker forums as they are harder to detect. Kaspersky predicted that ransomware attackers may shift from destructive financial activity to more politically-based demands.
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