Cyber-Forensics.net, a cyber forensics service for online scam victims has said that cybercrimes may cost countries trillions in financial losses by 2025.
In a recent blog post, the firm alerted cryptocurrency investors of rising cryptocurrency scams.
“Statistically speaking, theft by hacking has grown drastically. According to suggested figures by scam surveys, the cybercrime environment has expanded since 2021. It will cost countries trillions in financial losses by 2025.
“And as users continue to spend more and more time online, hacking has become a more significant issue.
“All computer networks are required to provide a safe passage for internet browsing. For example, in online purchases, internet users are supposed to visit official websites that undergo multiple checks to ensure that a website protects consumer data and stores wallet information safely.
“But according to experts, in reality, nothing is perfectly secure. As per the latest investigations, hackers have repeatedly discovered new ways to break into computer networks, such as exchanges created by various mining companies that make digital wallets where people can store their cryptos.”
The firm thereby urged people to be wary of financial scams like phishing, vishing, investment-related, and crypto-related.
It also recommended that users set up firewalls on their devices, consider safe browsing, and avoid using public wifi to save passwords entered to access digital wallets while also keeping operating systems, apps, and browsers up-to-date.