Thursday, 09 November 2023 08:14

Sri Lanka becomes a soft target for cybercriminals Featured

Sri Lanka has been identified as a soft target for cybercriminals, and according to the 21st edition of Microsoft's Security Intelligence Report, cryptocurrency mining malware is rampant, where cybercriminals seek illicit profits increasing

By using victim's computers to mine cryptocurrency coins such as Bitcoins have increased in the country, according to the Supreme Court determination on Online Safety Bill.

According to the determination, concerns are growing over foreign involvement with cybercrimes, including online financial fraud, theft of personal information and e-commerce scams, with the latest arrest of nearly 40 foreign nationals in Sri Lanka.

According to the Police, some foreign nationals have defrauded millions of rupees over several months through the internet from the accounts of people in different countries.

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