Along with coronavirus scams, cybercriminals additionally leveraged the pandemic to launch blockchain-related cyberattacks on unsuspecting customers and organizations to steal billions final yr.
Atlas VPN has launched a new report revealing that blockchain hackers stole practically $3.78bn in 122 assaults all through 2020. The truth is, the quantity of blockchain-related assaults that occurred final yr alone account for nearly a 3rd of all assaults focusing on blockchain tasks.
These figures are primarily based on knowledge offered from Slowmist Hacked which tracks and aggregates info concerning disclosed assaults geared toward blockchain tasks, apps and tokens. Blockchain scams are additionally included on this knowledge and so they made up 13 p.c of all blockchain hacking occasions that occurred in 2020.
The financial losses from blockchain hacks have been calculated primarily based on conversion charges from January of this yr, so the cybercriminals behind them might have truly even stolen more cash than the quantity reported by Slomist Hacked and AtlasVPN.
Ethereum (ETH) DApps or decentralized functions primarily based on the Ethereum good contract have been probably the most ceaselessly focused blockchain venture final yr. In whole, there have been 47 profitable assaults geared toward ETH Dapps in 2020 which prices victims round $436.36m or $9.28m per hack.
Blockchain wallets, that are used to story cryptocurrencies, have been additionally focused by cybercriminals in 27 profitable assaults that introduced in $3.03bn or $112.12m per hack. Blockchains themselves have been even affected by hacks in 2020 with 12 profitable assaults launched at totally different blockchains and the cybercriminals accountable earned $5.91m or $492k per every breach.
As we start the brand new yr, count on hackers to proceed focusing on blockchains and cryptocurrencies since these assaults have been so worthwhile for them in 2020.