8 september 2021

Cryptocurrency services are being DDoSed more frequently than banks, in Q1 2021.

StormWalls data suggests that DDoS actors are beginning to shift their attention from banking and traditional fintech services to crypto, in 2021.

This shift could have been triggered by the recent bull run when thousands of companies began creating new crypto assets and attempting to crowd-fund their inventions. At the same time, centralized exchanges experienced a massive rise in trading activity, and thus — revenue. This activity generated a convenient target for excretion attacks. Threat actors are threatening to bring down websites with DDoS unless the victim pays a ransom.

However, the attacks have an opportunistic nature. If the market turns bearish I believe that we’ll see a decrease in attack volume in the crypto industry. If the market manages to resume the long-term bullish trend, we might see crypto creeping into those “top 5 most DDoSed industries pie charts.”

We use cookies to make the site faster and more user-friendly. By continuing to use the site you agree to our Privacy Policy
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
© 2013-2022 StormWall.pro. All rights reservedPrivacy Policy