AUSTRAC reported an increase in the number of cryptocurrency-related crimes
The Australian Center for Accounting and Analysis of Financial Transactions (AUSTRAC) reported that with the development of the digital asset industry, cases of their use for illegal purposes have become more frequent. “Cybercrime is a growing threat to Australians. According to the Australian Cyber Security Center (ACSC), 500 ransomware attacks were reported in fiscal year 2020-2021, up almost 15% from the previous year,” the report says. The report was published just after the regulator issued…
