View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cybersecurity
October 1, 2015

Bitcoin brings dirty dealings to open web

News: Cybercriminals are now using cryptocurrency outside of darknet markets.

By Charlotte Henry

Europol has published its annual report into cybercrime, which finds that use of Bitcoin by criminals is coming out of the darknet, and into the light.

The European police force said that the crypto currency is "establishing itself as a single common currency for cybercriminals within the EU."

It reports that Bitcoin is no longer just the currency of choice in darknet markets, and is now being used for a variety of cybercrimes.

The document also found that use of anonymisation and encryption tools are increasing. While it accepts that these help people protect their privacy, the force says it protects criminals too.

Overall, Europol believes that "Cybercrime is becoming more aggressive and confrontational", which is having a larger psychological effect on victims.

 

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU