Dragonfly Partner: Data shows an increase in brute-force attacks against the crypto community, with Western Europe and the Asia-Pacific region being the most severely affected.

Haseeb, a partner at Dragonfly, stated in an article on the X platform that, according to Jameson's brute-force attack database, the number of brute-force attacks against cryptocurrency users has been steadily increasing over time, and the severity of these attacks is also rising. Geographically, Western Europe and the Asia-Pacific region have seen the most significant increases in brute-force attacks, while North America, although experiencing an absolute increase, remains a relatively safe region. Data analysis shows a positive correlation between the incidence of brute-force attacks and the total market capitalization of cryptocurrencies, with an R² of 0.45 in the regression analysis, meaning that 45% of the difference in brute-force attacks can be explained by price factors. However, if standardized by the number of Binance users or average wealth held per user, the current risk has not reached historical highs. The proportion of users attacked in 2015 and 2018 was actually higher than it is now. Nevertheless, the average attack rate per user has indeed seen a moderate rebound recently, reaching levels seen in 2021. In response to security risks, Haseeb recommends that users take precautions such as living in buildings with 24-hour security, not wearing clothing with cryptocurrency logos, using PO Boxes to receive emails, keeping hot wallets and cold wallets separate, and avoiding revealing their real-time location when attending meetings.