Kyrgyzstan in top 5 for cryptocurrency attacks

Kaspersky Lab has completed a study that shows that Kyrgyzstan ranks in the top 5 in the world for cryptocurrency attacks. According to the study, hackers stole more than USD 2.3 million in cryptocurrency attacks just in the second quarter of 2018. It was reported that attackers convince user to finance fraudulent token-sales and ICOs (a form of attracting investment), giving the attackers access to passwords and confidential data associated with cryptocurrency wallets and exchanges.

Phishing scams were most active in South America and Asia. Brazil had the most phishing attacks, following by China, Georgia, Kyrgyzstan and Russia.