In our “Security” section, we cover cybersecurity issues, risks, and protective technologies in the cryptocurrency and blockchain ecosystem. Here you will find information about hacks, fraud schemes, wallet security, and best practices for protecting digital assets. Read the “Security” section on ForkNews to learn how to keep your crypto funds safe.
According to cybersecurity experts, the number of people wishing to make money illegally at the expense of others will only grow. Illegal or “gray” mining is a new type of cybercrime, and it is quite safe for the criminals themselves. Today's realities are such that more and more people are trying to mine, but this is a very energy-intensive process with expensive equipment. Therefore, miners are coming up with increasingly sophisticated ways to reduce their costs and increase income.
Stealth mining attacks in the largest Scandinavian economy increased by about 10 percent in the fourth quarter of last year, roughly double the jump worldwide, according to Symantec Corp's 2018 Internet Security Threat Report.
According to a study conducted by Microsoft, illegal cryptocurrency mining is now the most popular type of cyberattack, especially after the rapid increase in cryptocurrency prices. Microsoft used Windows Defender Antivirus to conduct the study and found that an average of 640,000 systems were attacked each month from September 2017 to January 2018.
A popular Mac calendar app has disappeared from the App Store after it was found to be mining cryptocurrency without users' permission.
As bad as it is with hackers and dodgy websites trying to hijack your computer's processing power to mine cryptocurrency, there's always something worse to come - it was recently reported that some internet providers have been caught doing similar activity.
The social network has already blocked even several well-known verified accounts, which is already too much to start the fight against Twitter scams, CoinDesk reports.
Cybersecurity experts at Palo Alto Networks discovered a virus called ComboJack while monitoring an email phishing campaign that targeted customers in Japan and the United States.
After several months of calm, DDoS hackers became active again and began to destroy websites. Recently, attackers have carried out a number of attacks using a new method of overloading victims' servers with fake traffic. To make attacks more powerful, hackers began using servers that help speed up sites - CDN servers for distributed caching in RAM.
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