Soaring virtual currency prices such as bitcoin and others have managed to create a row of new billionaires. However, recently the price of virtual currency is also very fluctuating until it had fallen sharply.
Quoting CNet.com, Thursday (15/2/2018), there are currently at least more than 1,500 types of virtual currency circulating in the world. Not only bitcoin, ripple, or ethereum, there are also Dogecoin, PinkDog, to Californium.
Many view the virtual currency as an asset like gold. However, not a few parties who warned the risk of virtual currency because it becomes a means of crime.
Virtual currency is a payment method that is often chosen by hackers who harm computers worldwide.
Hackers also create malware that looks like a virtual currency app, tricking those who are bewitched by the trend of bitcoin profits and friends.
"Virtual currency is usually used for something illegal," said Steve McGregory, director of application intelligence at Ixia security firm, 99 percent of illegal activities.
When the virtual currency has transformed into an increasingly popular new investment instrument, it becomes the door of opportunity for hackers and cybercriminals to exploit it.
Cyber crime researcher at security firm Digital Shadows Rick Holland revealed, with the development of virtual currency, there are now many ways to solve crime victims.
"With the virtual currency, it's like choosing your own adventure," explains Holland.
The reason the virtual currency is now a trusted and valuable currency has the same aspect that it is a valuable asset for cyber criminals who want to earn money from their actions.
