Report: Cybercriminals shift focus to crypto industry

Kaspersky indicated that scammers are continuously developing their tricks and crafting novel techniques to effectively con their victims. — Photo by Kanchanara on Unsplash

RIYADH: As attacks using conventional financial threats have become less frequent in 2022, cybercriminals shifted their focus to the crypto industry, according to a new report by Kaspersky.

The detection of conventional financial threats like banking PC and mobile malware in the global cybersecurity company dropped significantly last year.