Blog | G5 Cyber Security

The wild west of cryptocurrency security and what the future holds

In 2017 alone, the value of cryptocurrencies increased more than 2,700 percent. Cryptocurrency is designed to be more secure than its traditional paper or metal counterpart. But the fact that it lives in a virtual world leaves it susceptible to hacks and phishing scams, just like any other digital asset. Securing cryptocurrency is somehow both incredibly complicated and surprisingly simple like the HBO show Westworld, where everything feels new and exciting and oddly familiar all at the same time. In the U.S., the SEC is already trying to navigate this new frontier.”]

Source: https://www.csoonline.com/article/3257785/the-wild-west-of-cryptocurrency-security-and-what-the-future-holds.html

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