Sweden Sees Surge of Cybercrime with Crypto-Jacking Cases up 10,000%

[kreslik.news]

With the rise of the blockchain technology, we have seen the birth of a new type of cybercrime – crypto-jacking. In Sweden, this new scheme is currently enjoying a worrying growth as more and more electronic devices are getting attacked by hackers, reported TheLocal.se.

According to cybersecurity firm Symantec, the number of cyber security threats, as well as the number of methods to access data illegally, exploit computer power and extort money is steadily increasing.

However, the pace at which this new type of cybercrime is growing is phenomenal. Fueled by the massive growth of cryptocurrencies since mid-2017, the number ... (read more)