BioCatch: Securing Bitcoin Apps with Behavioral Analytics

BioCatch: Securing Bitcoin Apps with Behavioral Analytics

Consumers all over the world are starting to use their mobile devices more and more to complete financial transactions, ranging from mobile banking to using services like PayPal. At the same time, there are hackers and other online criminals looking to take advantage of the mobile ecosystem by exploiting weaknesses through malware and unauthorized remote....


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From hacks to apps, a report says more than 10 counterfeit Bitcoin-related apps found their way into Apple’s App Store with some of them being designed to steal Bitcoin worth thousands of dollars from users. Though all the counterfeit apps have since been removed from the App Store, one user claimed to have lost about $10,000 with a trace to the deposit address showing it has $20,000 listed on it, according to Breadwallet co-founder Aaron Voisine in an interview. Breadwallet case. Breadwallet was one of the first legitimate Bitcoin wallets to be identified as being counterfeited to....

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