A third of US crypto holders have experienced theft: Report

Cybersecurity services supplier Kaspersky has released a study connected risks associated with cryptocurrency use. The report  titled "Crypto Threats 2023" focused connected the United States and uncovered immoderate amazingly mediocre idiosyncratic information habits. 

Kaspersky surveyed 2,000 American adults successful October 2022 and found that 24% of respondents wide owned cryptocurrency oregon integer assets. Ownership ranged from 36% successful the 25-44 property class to 10% among those aged 55 oregon older.

A 3rd of the crypto owners surveyed reported having crypto stolen and an adjacent information reported being victims of scams. Identity theft, theft of outgo details and nonaccomplishment of relationship entree led the database of scam consequences.

Those that not adjacent if you explicate it to them... pic.twitter.com/0MSvjZh00U

— Kaspersky (@kaspersky) March 19, 2023

The mean worth of assets stolen was $97,583. The median fig would beryllium overmuch lower, however, since lone 29% of thefts were valued supra $10,000, and 39% were valued astatine $1,000 oregon less. Here, too, determination was a crisp differentiation by age, with 47% of those ages 18-24 reporting thefts of crypto, compared to 8% of those implicit 55. The study did not specify the mean worth of crypto holdings.

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Lax information mightiness relationship for galore of the losses experienced by respondents. The survey recovered that crypto owners past checked connected their crypto six weeks ago, and their accounts person minimal protection:

“27% of users support their crypto stored successful an speech relationship with nary added protection, portion lone 34% usage multi-factor authentication to support their account.”

Ten percent of respondents reported making nary effort to support their crypto, and 14% claimed not to store effect phrases oregon backstage keys. The study concluded:

“Without immoderate regularisation oregon established communal knowledge, radical request to instrumentality attraction to support themselves.”

Kaspersky said successful an earlier study that users were becoming much sophisticated successful spotting scams and the usage of Bitcoin (BTC) successful ransomware attacks would autumn arsenic regularisation and tracking methods improved. It warned successful a erstwhile report that exploitation risks are rising successful the metaverse.