Security expert advises crypto investors to have a plan
Crypto kidnappings have been on the rise around the globe thanks to the increasing value of the currency and the low-risk factor for the criminals, according to experts.
“What we’ve seen in the last eight or nine months is a massive increase in the frequency and frankly the ruthlessness of these types of attacks,” Adam Healy, a former US Marine and founder of the security firm Station70, told The Post.
“It kind of coordinates with the price of bitcoin going up,” he said. “Then there’s been some successful ransom payouts primarily in Canada and Europe, which have now gotten the attention of a broader criminal base, which sees this as effectively easy money.”
