PANews February 2 News, according to Decrypt, blockchain security firm CertiK’s latest report shows that physical attacks (i.e., “brute force attacks”) targeting cryptocurrency holders surged in 2025, with a total of 72 recorded incidents throughout the year, a 75% increase year-over-year, resulting in losses exceeding $40.9 million. The report states that such attacks have evolved from marginal risks to structural threats, with kidnapping becoming the most common method, and personal attack incidents soaring by 250% year-over-year. There has been a significant shift in attack distribution: Europe has become the hardest-hit region, accounting for over 40% of global incidents, with France leading at 19 incidents; the United States’ share dropped sharply from 36.6% in 2024 to 12.5%; Asia remains a high-risk area, accounting for about 33.3%.
CertiK recommends individual users adopt defensive strategies such as setting up decoy wallets, geographically isolating seed phrases and hardware wallets, and reducing public cryptocurrency footprints; institutions and high-net-worth individuals should consider using multi-signature wallet architectures, setting up time-locked smart contracts, and establishing executive protection protocols.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Physical attacks targeting cryptocurrency holders in 2025 increased by 75% year-over-year, resulting in losses exceeding $40.9 million
PANews February 2 News, according to Decrypt, blockchain security firm CertiK’s latest report shows that physical attacks (i.e., “brute force attacks”) targeting cryptocurrency holders surged in 2025, with a total of 72 recorded incidents throughout the year, a 75% increase year-over-year, resulting in losses exceeding $40.9 million. The report states that such attacks have evolved from marginal risks to structural threats, with kidnapping becoming the most common method, and personal attack incidents soaring by 250% year-over-year. There has been a significant shift in attack distribution: Europe has become the hardest-hit region, accounting for over 40% of global incidents, with France leading at 19 incidents; the United States’ share dropped sharply from 36.6% in 2024 to 12.5%; Asia remains a high-risk area, accounting for about 33.3%.
CertiK recommends individual users adopt defensive strategies such as setting up decoy wallets, geographically isolating seed phrases and hardware wallets, and reducing public cryptocurrency footprints; institutions and high-net-worth individuals should consider using multi-signature wallet architectures, setting up time-locked smart contracts, and establishing executive protection protocols.