In 2024, the Cryptocurrency Hacker attack cost $2.3 billion

According to the Cyvers Alerts system, the Cryptocurrency Hacker attack caused $2.3 billion in losses in 2024, a 40% surge year-on-year, according to the Cyvers Alerts system, the CEO and co-funder of Cyvers Alerts
Deddy Lavid stated that events are often exacerbated by the leakage of private keys and the weakness of key management systems, with high-profile Hacker attacks on multi-signature wallets being a case in point. In 67 cybersecurity incidents in 2024, access control vulnerabilities led to the theft of over $19 billion, accounting for over 81% of the total losses from Crypto Assets Hacker attacks.