This article states that the World Economic Forum shared that attackers managed to compromise 2 billion data records in 2017 and 4.5 billion in the first half of 108 blaming that Bitcoin could be a big part of it.
Ciphertrace recently reported a $3 billion loss due to cybercrimes and mentioned in their report that BTC still reigns the king of the dark web. What are your thoughts on this? Do you think cybercrime has increased because of crypto?
https://insidebitcoins.com/news/security-experts-tell-why-bitcoin-is-a-game-changer-for-cybercrime/235786The cyberspace is becoming larger and larger each day. There is so much money in there. There are very important data stored in there that may prove to be vital information for some crooks to make some dirty money. Bitcoin is just a parcel of the entire cyberspace, no way it could have propelled cybercrime to different levels, especially with the 100% rise in just a quarter. This is again a poor attempt to generalize and drag Bitcoin into it. As a matter of fact, the mere use of "Bitcoin" over "cryptocurrency" is inappropriate.
Also, cybercrime overarchs a lot of different crimes. You have data theft, online harassment, extortion, intellectual property theft, cyber pornography using minors, and perhaps a hundred more. Why then should we think that Bitcoin, a very minor actor, could simply turn the cybercrime figures double in the next three months? And really, Bitcoin blamed for compromised data?