As money is exchanged in cryptocurrency, services such as tumblers make it hard to track the money. The Internet offers many services to facilitate money laundering, usually making it a trivial process. Money laundering is easier with CryptocurrenciesĬhallenges like identity theft can have significant consequences on an individual, causing not only the potential of financial losses but also a lot of personal grief.Attackers can target thousands of victims.For little work there is often high returns.Why is Cyber Crime on the rise? Here are some reasons: ![]() ![]() ![]() Stealing of sensitive intellectual propertyĬyber Crime has been increasing regularly every year.What is Cyber Crime? Just like regular crime, it also exists on the Internet.
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