Virtual currencies being undermined by rising criminality: McAfee firm

“‘The proliferation of digital currencies fuels the proliferation of tools and services necessary for cybercrime. This in turn helps fuel the growth in cybercrime, and other forms of digital disruption,’ said McAfee EMEA CTO, Raj Samani.  ‘Further, the challenges facing such currencies go beyond their propensity for use within money laundering – to targeted attacks on financial exchanges, and malware developed to target digital wallets.’  Evidence that virtual currencies have become a mechanism for online and physical crime risks the possibility of full-scale intervention by governments.  There is plenty of precedent for this, McAfee’s authors note.”

http://news.techworld.com/security/3473654/bitcoin-virtual-currencies-being-undermined-by-rising-criminality-says-mcafee/

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