Security researchers discovered that roughly half a billion people visit websites that secretly run cryptocurrency mining scripts every month.
Cryptocurrencies such as bitcoin are becoming more popular, but that means cybercriminals are embracing the potential of cryptocurrency as well.
Security researchers reported that threat actors have been targeting vulnerable servers to mine for cryptocurrency since about May 2017.
Blockchain technology enables all participants in a transaction to validate whether the assets involved have been altered or tampered with.
IBM Managed Security Services (MSS) detected a sixfold increase in attacks involving embedded CPU mining tools between January and August 2017.
Threat actors are reviving exploit kits to deliver cryptocurrency miners through malvertising campaigns. The Neptune exploit kit mines for Monero.
A Cerber ransomware update adds new exploits, which allows it to steal wallet files. It then tries to steal saved passwords from browsers.
Researchers from Kaspersky Lab recently discovered a new backdoor Trojan, called CowerSnail, that targets Windows computers.
New variants of CryptoMix malware are quickly making the rounds, holding files ransom and demanding victims fork over the bitcoin.
Since bitcoin conversions are processed on a blockchain, security analysts can trace transactions to determine the root cause of a ransomware attack.