Crypto heist proceeds drop significantly despite mounting attacks

Cryptocurrency platforms have lost $1.7 billion worth of assets from cyberattacks last year, representing a nearly $2 billion drop from 2022, which had the highest-ever losses from cryptocurrency heists, despite a slight increase in attack volume, according to The Record, a news site by cybersecurity firm Recorded Future.

Article Link: Crypto heist proceeds drop significantly despite mounting attacks | SC Media