INSUBCONTINENT EXCLUSIVE:
Cyber-attacks looking at stealing cryptocurrency such as Bitcoin are becoming a major threat for British businesses, a new report has
claimed.Research from Citrix has revealed that a third of UK firms have been hit by such crypto-mining attacks within the last month as the
threat grows in scale.The rise in attacks is most likely due to the rapid rise in value of cryptocurrencies such as Bitcoin, which has
skyrocketed in price in recent months.Citrix found that half of large UK businesses are stockpiling cryptocurrencies, primarily to act as a
fallback and provide a quick means of payment should they be subjected to a ransomware attack.However this is actually making them more of a
target for criminals, with 59 percent of businesses saying they had detected cryptomining attacks on their systems at some
point.Crypto-mining threatFour in five (80 percent) of attacks had occured during the last six months - yet only two thirds (67 percent) of
plans, ensuring organisations keep their customer data and critical IP far from devices and end-points with possible vulnerabilities
