Latest Cyber Threats Facing the Cryptocurrency Industry

Cryptocurrency hackers have recently devised sophisticated means to penetrate the industry. Reports reveal that malware now comes in the forms of trojans and disguised installers.

Trojans and Installer Malware

According to The Next Web, studies by the Reporting and Analysis Center for Information Assurance (MELANI) in Switzerland show that Trojans now focus on digital currency exchanges. The report also showed that the most significant cyberattacks in Switzerland happened in the first half of 2018.

Monerominer, a virtual currency miner, is the sixth most crucial malware according to MELANI. The digital currency miner is notorious for downloading more malware and taking information its stead. It also carries essential information and forcefully encrypts valuable contents of hard drives thereby requesting payment mostly in cryptocurrency.

Another notorious malware plaguing the cryptocurrency space is e-banking trojan, Gozi. The malware targets digital currency exchanges by using…

Read Full Story : Ethereum World News

2018-11-10 09:23:13

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