A recent survey shows that nearly half of Czech residents are considering purchasing cryptocurrencies, while over a quarter—27%—have already bought or owned them.
Despite the growing interest, concerns about the complexity, financial risks, and cybersecurity threats remain prominent. A third of those surveyed, however, are uncertain about the nature of these cybersecurity risks.
The survey, conducted in March by the company Eset, included more than 1,000 respondents and highlights the rising popularity of cryptocurrencies, which is also attracting an increasing number of cybercriminals and fraudsters. Eset’s latest threat report reveals that fraud linked to investments surged by over 335% between June and November 2024, with the Czech Republic ranking among the countries with the highest number of such incidents.
“Most people want to use cryptocurrencies as an alternative to savings in everyday life, as stated by 30% of respondents. They also perceive cyber risks. When asked why they do not buy cryptocurrencies, a quarter of them, in addition to the financial risks and complexity, mentioned the fear of being too exposed to cybercrime and attacks,” said Ondřej Novotný, a security analyst at Eset.
Petr Lajska, an analyst at Purple Trading, noted that the findings underline a well-known fact in the cryptocurrency world—that crypto investments are not for everyone.
“The reason is not only the price volatility or technological complexity but also the significant security threats that continue to accompany this market. In fact, cryptocurrencies in 2025 still resemble the digital Wild West, where opportunities mix with dangers and where there are no clear rules,” said Lajska.
Cybercrimes currently represent about 10.5% of all crimes in the Czech Republic. According to Zuzana Pidrmánová, head of the prevention department at the police presidium, investment-related frauds, particularly those involving cryptocurrencies, are among the most common types of cybercrime.
“Investment-related attacks, namely fraudulent offers of lucrative investments, often in cryptocurrencies, top the list in terms of frequency. We register hundreds of such cases every year, with damages amounting to hundreds of millions of crowns,” Pidrmánová said.
