Losses from crypto hacks jump to US$2.2 billion in 2024

By

Surges year-on-year.

Losses from crypto hacks jump to US$2.2 billion in 2024
Funds stolen by hacking cryptocurrency platforms surged 21 percent from a year ago to US$2.2 billion (A$3.5 billion) in 2024, a report from blockchain analysis firm Chainalysis showed. The hacking amount exceeded US$1 billion for the fourth straight year and the number of incidents rose to 303 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Australia's super funds told to assess authentication controls

Australia's super funds told to assess authentication controls

Woolworths' CSO is Optus-bound

Woolworths' CSO is Optus-bound

CBA looks to GenAI to assist 1200 'security champions'

CBA looks to GenAI to assist 1200 'security champions'

Hackers abuse modified Salesforce app to steal data, extort companies

Hackers abuse modified Salesforce app to steal data, extort companies

Log In

  |  Forgot your password?