---
title: "Quick Hit: Bitcoin Sites Hyper-Vulnerable to Attacks"
description: Interest in bitcoin is skyrocketing, but so are attacks on the providers' websites.
image: https://www.websitemagazine.com/hubfs/Imported_Blog_Media/bitcoindfe4f88ec5e163acbc5dff0000ff1aaa-3-1-1-1.png
---

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# Quick Hit: Bitcoin Sites Hyper-Vulnerable to Attacks

![Amberly Dressler](https://www.websitemagazine.com/hubfs/Amberly%20Dressler.jpeg)

[by Amberly Dressler](https://www.websitemagazine.com/hosting/author/amberly-dressler) 11 Dec, 2017

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**Interest in bitcoin has skyrocketed, and some investors [are reportedly set](https://fortune.com/2017/05/22/bitcoin-price-millionaire-anniversary/) to turn the price of a Happy Meal into multi-millions. With its popularity and its price going up, however, bitcoin sites have been targeted by those with malicious intent at alarming rates. **

Cybersecurity company [Imperva](https://www.imperva.com/) released its [Q3 Global DDoS Threat Landscape Report](https://www.incapsula.com/ddos-report/ddos-report-q3-2017.html), which found that Imperva mitigated DDoS attacks at three out of every four bitcoin sites it serves. Additionally, bitcoin was one of the top-10 targeted industries, despite its relatively small size.   

 "Why the large number of attacks on bitcoin exchange sites? This is a clear example of DDoS attackers following the money," said Igal Zeifman, director of marketing at Imperva. "As a rule, extortionists and other cybercriminals are commonly drawn to successful online industries, especially emerging ones that are less likely to be well-protected. Specifically, for bitcoin, the DDoS attacks we mitigated could also have been attempts to manipulate the price of bitcoin and other cryptocurrency, something we know offenders had tried in the past."   
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