Definition ∞ Cyber crime encompasses illegal activities conducted using computer networks or digital devices. These illicit acts range from data theft and financial fraud to system sabotage and ransomware attacks. Within the digital asset space, cyber crime frequently targets cryptocurrency exchanges, individual wallets, and decentralized finance protocols. Attackers exploit vulnerabilities in software, human error, or cryptographic weaknesses to misappropriate digital funds or information.
Context ∞ Cyber crime remains a persistent threat to the security and integrity of the digital asset ecosystem. News reports frequently detail significant hacks, phishing campaigns, and scam operations that result in substantial financial losses for users and platforms. The ongoing challenge involves developing robust security measures, improving user education, and enhancing forensic capabilities to combat sophisticated attackers, thereby building greater trust in the digital asset landscape.
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