Hackers in High Demand, China Hires Cryptographer

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Traders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be said for experts in cryptography: China is now hiring a crypto specialist for one of its censorship agencies but Chinese citizens have already found a way to circumvent censorship using blockchain transactions.

American, Russian, Chinese Traders – Common Victims of Cyberattacks


Users of cryptocurrency trading platforms in the United States, Russia and China have been the most common victims of cyberattacks, according to a new study conducted by Russian cybersecurity experts. They have found that between 2016-2017, cases in which private data of people using crypto exchanges was compromised have increased almost 5-fold, or by 369%.

The record was set in January 2018 when the number of incidents rose by close to 700% in comparison with the monthly average from 2017, the cyber-forensic company Group-IB said in a recently released report. Its specialists believe the vast majority of breaches are due to the careless attitude of customers towards their own security.

Chinese Censorship Agency Hires Cryptographer



While hackers are in high global demand, the People’s Republic of China is looking to hire a cryptographic specialist for one of its censorship agencies. The job posting published by the Chinese Public Broadcasting Research Institute under the State Administration of Radio and Television states that the applicants should be competent in cryptography and ready to “follow the advanced technologies in the field of blockchain and cryptocurrency.”

https://news.bitcoin.com/the-daily-hackers-in-high-demand-china-hires-cryptographer

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