Cyber security is the big issue at the beginning of the 21st century. Now that society is becoming more and more digital, hundreds of people around the world are organizing themselves to hack our computers and access our personal information, steal our money, or blackmail us in any way. This is exactly what happened to 129 million car owners in Russia whose data is sold by Bitcoin.
The importance of network security
The Internet has brought great benefits to society as a whole beyond Bitcoin. Millions of people worldwide can connect and have access to all the knowledge that humanity has gathered. Creating a wealthier, smarter and connected world.
However, the same connection was made between users to share opinions, skills and knowledge about the network. It was also created between groups of hackers whose only goal is to compromise the security of users ‘and companies’ computers. Aiming to steal personal information, get money through fraud, and even blackmail money for payment.
And on many occasions, these criminal groups have used the same benefits as Bitcoin and other cryptocurrencies to require their victims to make payments in these virtual currencies. Trying to hide their criminal activity behind the privacy and agility of blockchain technology.
Bitcoin is used by hackers in Russia
This would be exactly the case with hackers who have managed to enter the database of the General Administration for Road Safety of the Russian Ministry of Interior. According to the Russian news agency RBC, personal data is extracted from more than 129 million Russian car owners.
The extracted information includes the person’s full name, address, passport number, and other information. Both are sold on the black market for 0.3 BTC ($ 2,812 at the time of writing), a full version of the data. And for 1.5 BTC ($ 14,061) exclusive information.
Despite the importance of Russian cybersecurity capabilities, they appear to have been insufficient to prevent this theft of information from one of its ministries. This endangers the security of millions of residents in Russia.
They not only show how cybercriminals continue to use cryptocurrencies for their illegal activities. What makes this our data today at CryptoTrend?