Kaspersky Releases Paper about Cryptocurrency Scams

Despite the many benefits attributed to cryptocurrency operation, there have been a number of ransomware attacks which have been said to be a product of these digital assets. To dive deep into these claims, Kaspersky, a Russia based cyber-security firm conducted a research, which concluded in highlighting a large spread of cryptocurrency related scams that resulted in a huge sum of money being lost to scammers. Focusing on the 2017 cryptocurrency social engineering schemes, the research revealed