Notable Increase in Stolen Capital Despite Decrease in Attacks
A recent report by cybersecurity firm PeckShield has revealed that despite a decrease in the number of attacks, the amount of stolen capital in the crypto sector has increased by 15% compared to the previous year, totaling over USD $3 billion.
Breakdown of Thefts and Hacks
According to PeckShield, the total losses in 2024 exceeded USD $3,000 million, with USD $2.15 billion stolen from cryptocurrency attacks and USD $834.5 million stolen from scams. Notably, over USD $488 million were recovered in coordinated actions between authorities and investigation firms.
The report highlights that the attacks against DMM Bitcoin and PlayDapp were among the largest, resulting in losses of approximately USD $595 million. Scams involving BTC also resulted in significant losses, totaling USD $238 million.
Monthly Breakdown of Losses
PeckShield’s report also provides a monthly breakdown of losses, with May being the month with the most stolen capital, totaling approximately USD $662.2 million. This period saw notable events, including attacks against DMM Bitcoin, Gala Games, and Pump.fun.
Importance of Cybersecurity
The report serves as a reminder of the importance of cybersecurity in the crypto sector. With the increasing sophistication of attackers’ techniques, it is essential for individuals and organizations to take proactive measures to protect themselves against potential threats.
As highlighted by Scam Sniffer, the use of new technologies such as AI can be used for criminal purposes, making it even more crucial to stay vigilant and take necessary precautions.
In light of these findings, it is essential for investors to exercise caution and conduct thorough research before investing in any cryptoassets. It is also crucial to stay informed about the latest developments in the crypto sector and to take necessary measures to protect oneself against potential threats.