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Bitcoin Will Become ‘Less Important’ for Cybercrime Payments: Kaspersky

From decrypt.co

Cybersecurity company Kaspersky reported that ransomware negotiations and payments may soon come to rely less on Bitcoin as a means of payment. The Russian-founded firm attributed this transition to improvements in the technology that detects the flow and sources of Bitcoin, as well as increased sanctions and market regulation. The firm added that cybercriminals will instead look towards other digital currencies to facilitate their illicit payments. As it stands, cryptocurrency represents a huge part of the world of cybercrime, according to research by Chainalysis. Cryptocurrency addresses linked to ransomware ... (full story)

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