The price of Bitcoin is steadily surging in May and hackers are looking to cash in on the uptick with fake cryptocurrency apps, malware and other related scams.
In May 2019, Bitcoin prices climbed to their highest points this year, with the popular cryptocurrency being worth $8,300 (its highest valuation since September 2018) for one bitcoin. That has malicious actors on the prowl and hungry to attack cryptocurrency investors using a slew of scams, malicious apps, malware and cryptojacking campaigns.
“Not surprisingly, cybercrooks were quick to notice this development and started upping their efforts in targeting cryptocurrency users with various scams and malicious apps,” said Lukas Stefanko, researcher with ESET.
