Blockchain Security Outlook - 2021 & Insights for 2022
Discover insights into blockchain security in 2021. $8B lost in hacks, scams & DeFi breaches. Key trends & 2022 predictions for a secure crypto future.
A quick summary
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$8 billion stolen in 2021 in various hacks & scams.
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So far, $3.18 billion has been stolen through security breaches, $7.12 billion has been stolen through scams, and $1.76 billion has been lost through DeFi hacks.
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The most common locations for exchange security breaches are the U.S., the U.K., South Korea, Japan, and China.
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The most popular method of crypto theft has been the infiltration of crypto-exchange security systems.
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Ransomware is on the rise, with the most noticeable attacks in 2021 being on JBS (which paid $11 million to REvil ransomware) and Colonial Pipeline (which paid $7 million to DarkSide).
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