Forecasting 2021 Cyber-Threats

It was no surprise that cyber-criminals used the COVID-19 pandemic to increase their attacks.

They did not use groundbreaking new methods, but rather automated existing techniques to

increase the frequency of their attacks.

Multiple attacks

This news follows another security incident on December 21, 2020, which saw attackers steal

around $4 million in cryptocurrency from EXMO.

Malicious hackers took an estimated 6% of the exchange’s assets. The funds were withdrawn

through exchange Poloniex, and therefore cannot be returned.

EXMO temporarily suspended withdrawals and deposits, it explained in a security update.

The company also said it had reported to incident to UK police and the National Cybersecurity

Centre (NCSC).