Italy Lost €10 Billion in Cryptocurrency via Cybercrime

[Goodcat49]

Cybercrime, such as online fraud, industrial undercover activities, and the use of cryptocurrency for money laundering, etc. in Italy, is the rapidly increasing malevolent business with the highest margins of diffusion in the future, according to the Global Risk Report 2019 by the World Economic Forum. The country incurred a loss of around €10 billion in 2018.

In a conference attended by Gennaro Gigante, director of Catania branch of the Bank of Italy (BoI), said:

“Cybercrime is always the result of individual inattention, both of individual users and of business realities.”

Fiscal Scenario About Cryptocurrency

According to the Antonello Biriaco, President of Confindustria, the damage suffered by firms in Italy due to computer-related crimes, reaches €9 million.  Since 2017, the growth rate of the amount of severe attacks has grown by 10 times as compared to the former one, according to the Italian Association for Information Technology (IT) Security report.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: http://No link shortners - please include original link/2IG7Ht3

[giovinco21]

You sure it's 10 billion euros? Not 10 millions?