Malicious mining software will become the main form of cyber attacks

According to the latest report from WatchGuard Technologies, the threat of malicious cryptocurrency mining is increasing and may become the main form of malware attack in the near future. This form of attack is expected to be among the top 10 cyber threats by the end of the year.

According to Corey Nachreiner, CTO of WatchGuard Technologies: Although we only publish reports at the end of each quarter, our threat lab team checks our malware results every day.

Earlier in the second quarter, our daily data showed that a variety of “mining coins” were constantly appearing on our top 25 list. Although it is too early to say whether they will break the top 10 in the second quarter, we expect that they will continue to be popular in the next few quarters.

According to the report, 98.8% of malware uses a script that can download and run a linux-based cryptocurrency mining tool. The report also details how the script forced the Linux device to download and run the Monero mining tool, eventually consuming the processing power of the device. The report is based on threat intelligence gathered from nearly 40,000 active threat management device networks deployed around the world.

In the field of cybersecurity, password hijacking has been repeatedly mentioned, which is a growing concern, often attributed to the potential rewards associated with this form of cyberattack. Like the recent Drupalgeddon 2, an attack on a website running the Drupal Content Management System.

Password hijacking mentioned in 2017 has increased by 8500%, and it has been the main focus area for people and entities managing cybersecurity risks.

All Internet users must take some form of defense, including users of the Linux operating system. In terms of network security, the reputation of the Linux operating system is more reliable than that of Windows and other operating systems. For security reasons, WatchGuard recommends that everyone consider installing an anti-digger browser extension.

Original from:VipInvestor » Malicious mining software will become the main form of cyber attacks

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