Hacker Files: Bitcoin Scams are on the Rise

The accelerated demand for bitcoin has provided cybercriminals with a new playground. It’s untraceable, making it perfect for extortion and impersonation. In fact, reported by CBS News, Americans have lost more than $80 million in cryptocurrency investment scams since October, which represents a 1,000% increase from the fall of 2019, according to FTC data. This podcast explores this attack vector and the common methods and scams, including modern mining malware such as LemonDuck and LemonCat.

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Webroot, an OpenText company, was the first to harness the cloud and artificial intelligence to stop zero-day threats in real time. We provide endpoint protection, network protection, and security awareness training solutions purpose built for managed service providers and small businesses.