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With increasing sanctions against cryptocurrencies, deflating value and increased attention from law enforcement, cryptocurrency is still the top vehicle for cybercriminals to launder money. Surprisingly, the Dark Web is swarming with counterfeit currency/banknotes impacting individuals and businesses on a large scale.
According to a new report from Dov Lerner, Head of Threat Research at Cybersixgill, there was a 91% increase in the number of deep and dark web market listings advertising counterfeit banknotes, with the top 10% of cybercriminals posting on it dominating 80% of the conversation.
You can read the full report here.