Cybersecurity Risk Vectors in Crypto

Cryptocurrencies are valuable, and they can be stolen. It is a fact that has been well-known in the cryptocurrency space for a while now. When cryptocurrencies were first introduced, they were touted as being “unstealable” because of how difficult it would be to transfer them from one person to another. However, as cybercrime evolved and advanced over time, hackers found ways to breach these supposedly impenetrable systems with relative ease. Despite this risk factor, many corporations continue to invest heavily in crypto-related startups that are targeted by these malicious actors.

Attack Surface Areas Explode With Risk

Attack surface areas explode with risk. In today’s world, we are surrounded by a lot of devices that are connected to the internet, which means that there are more devices for hackers to use to get into our networks. This can lead to a significant increase in risk for your company’s reputation and assets. The other thing to consider is that devices are becoming more intelligent. For example, voice-activated systems like Amazon’s Alexa and Google Home can either be a pro or con depending on the organization.