The Hike In Cryptocurrency Breaches And Importance Of Cyber Security Awareness Training
If you have been following the news related to cryptocurrency breaches over the years, you would know these incidents are increasing at an alarming rate. According to a recent study by the research firm Crypto Head, the total number of cryptocurrency breaches have seen an average rise of 41% every year between the year 2011 and 2020. The total stolen funds amount to approximately $19 billion. It lists all major economies where the breaches have occurred including the US, UK, South Korea, Japan, China, and Turkey. These statistics are both alarming and unnerving for new as well as existing investors. People may start to distrust cryptocurrency and migrate back to the traditional forms of financial investment. These breaches aren’t just limited to the finance sector. Organisations have been facing cyber security issues globally for years. If your business primarily engages with exchanging sensitive information over the internet, it is time you invested in safeguarding your organisa...