Bahamas new digital currency will be the next testbed for innovative cybercrime attacks

The government’s Central Bank of the Bahamas has released the world’s first Central Bank Digital Currency (CBDC) - the “SAND DOLLAR”.

This is attracting the interest of cybercriminals as well as security professionals.  As national currencies transform into a digital form, criminals will seek ways to steal and abuse monetary systems at a scale never seen before.  The stakes are high and this will be the next emerging cybersecurity battlefield.

Subscribe to the Cybersecurity Insights YouTube channel for more perspectives, rants, and news.