Invest at your own risk!
No Result
View All Result
Advertise
Submit a Press Release
Contact Us
Coindoo
  • Cryptocurrency News
    • All
    • Bitcoin News
    • Cardano News
    • Ethereum News
    • IOTA News
    • Litecoin News
    • Ripple News
    • TRON News
    PrimeXBT

    PrimeXBT Lead Analyst Kim Chua: The Cause of BTC Supply Crisis and Why It Will Get Worse

    XRP price prediction

    Ripple (XRP) Price Prediction and Analysis in January 2021

    PayPal

    PayPal Plans to Perform Crypto Transactions | Will It Get Bitcoin to $15.000?

    Sports News Apps

    The Best Classic Sports News Apps to Keep You Up-To-Date

    wire act

    What the Wire Act Means for Cryptocurrency

    cryptocurrency apps

    Cryptocurrency Apps Every Trader Should Have in 2020

    Trending Tags

    • ethereum
    • ripple
    • Tron
    • bitcoin
  • Analyzes & Reviews
  • Guides & Tutorials
    casinos

    How Cryptocurrency Is Making Casinos Safer?

    Ethereum

    How to Invest in Ethereum (ETH) Futures – Ultimate Guide for Beginners

    Bitcoin casinos

    Most Common Coins Used to Play at Bitcoin Casinos

    crypto casinos

    Was 2020 the Year of Crypto Casinos?

  • Events
No Result
View All Result
Coindoo
No Result
View All Result
Home Cryptocurrency News

McAfee: Cybercriminals Follow Crypto Platforms

Adriana M. by Adriana M.
March 12, 2018
in Cryptocurrency News

McAfee- a giant cybersecurity company has disclosed in their latest report (March 2018) that hijacking showed a significant growth rate in the last period and somehow concur with the hits that take place in marketing industry of cryptocurrency.

The study focuses on the rising trend of new malwares and other negative incidents held by the end of 2017. The researchers found that a lot of hacker attacks occurred on Bitcoin and Monero wallets once the BTC’s value grew up over $19.000.

“This shift reinforces the point that cybercriminals will always seek to combine the highest returns in the shortest time with the least risk. Security researchers have also recently discovered Android apps used for cryptocurrency mining.”, according to the Report.

Cybercriminal circles have adopted new attack scheme

The Chief Scientist at McAfee, Raj Samani has specified that by the end of 2017 the cybercriminal cycles have adopted new attack schemes, commenting that “Even tried-and-true tactics, such as ransomware campaigns, were leveraged beyond their usual means to create smoke and mirrors to distract defenders from actual attacks. Collaboration and liberalized information-sharing to improve attack defenses remain critically important as defenders work to combat escalating asymmetrical cyberwarfare.”

According to the March report, the hackers are searching for attacking methods using the Internet of Things (IoT) fragility by developing new digital asset fraud codes.

Invest at your own risk!

“Cybercriminals would rather find outside computing power instead of using their own equipment because the price of a dedicated mining machine could exceed $5,000,” the researchers added in Report.

We want to remember you about two Russian employees that were detained after they tried to mine digital currencies using the supercomputer owned by their boss.

Monero wallets are targeted by cybercriminals

McAfee’s research found that cybercriminals are looking after the vulnerability of Monero coins as well as devices where these are kept and not only. The security company Avast has announced in their report from last month that hackers “will create an army to mine Monero”.

The Mobile Business Manager of Avast, Gagan Singh replied that “Until recently, cybercriminals were focused on spreading malware to turn PCs into crypto-mining machines, but now we are also seeing an uptick in attacks targeting IoT devices and smartphones.”

We advise you to keep your digital assets on a secure wallet, such as a hardware one. In order not to fall into the net of hackers, make sure that the websites you click on are secured.

Tags: Avastbitcoinbtccryptocrypto platformscryptocurrencycybercriminalsInternet of ThingsIoTmalwaresMcAfeemoneroMonero walletrussiasupercomputerybersecurity
Adriana M.

Adriana M.

Related Posts

NativeCoin

Move Over BitCoin… There’s a New Chief in Town- NativeCoin!

by Ionela C.
January 19, 2021
0

ExMarkets and CoinMargin exchanges launch NativeCoin (N8V) Cryptocurrency Initial Exchange Offering! John Simmons, former chairman of the Nisqually Tribe (which...

PrimeXBT

PrimeXBT Lead Analyst Kim Chua: The Cause of BTC Supply Crisis and Why It Will Get Worse

by Ionela C.
January 18, 2021
0

The year 2020 saw a major shift in the composition of BTC buyers, with institutions and large corporates with plenty...

CoinRabbit Review: How to Profit From Hodling Your Crypto?

by Ionela C.

The problem with Bitcoin stashes in your crypto wallet is that you can’t use them if you have a long-term...

Bitcoin casinos

Most Common Coins Used to Play at Bitcoin Casinos

by Ionela C.
January 11, 2021
0

Over the past decade, we have seen a dramatic increase in the number of Bitcoin casinos. There are several advantages...

online

The Best Cryptocurrencies You Can Play in Online Casinos

by Ionela C.
January 5, 2021
0

An increasing number of online casino players are turning to cryptocurrencies, such as Bitcoin and others, for online betting and...

Load More

We Recommend

Top Rated Casinos
Bitstarz Casino

CryptoGames

1xBit Casino

Winz.io Casino

BitcoinCasino.io
Top Crypto Prices Provider
Crypto.com
Top Rated Exchanges
Crypto.com

Binance Exchange
Top DEFI Leaderboard
Crypto.com
Top Advertising Services
Coinzilla Display Network
Our Latest Reviews

CoinRabbit Review

CoinRabbit is a lending service without credit checks, and it has
coinbase review

Coinbase Exchange Review

Even if it has its flaws and controversies, Coinbase is a
Kraken exchange review

Kraken Exchange Review

The exchange is one of the most popular crypto trading platforms,
View All Reviews
Invest at your own risk!

Editor's Choice

Blockchain Analyzes & Reviews

CoinRabbit Review: How to Profit From Hodling Your Crypto?

by Ionela C.

SwapSpace exchange aggregator

SwapSpace Exchange Aggregator Review: Supported Cryptos, Fees, Pros and Cons

trading

The Benefits of Cross-Chain Trading

August 28, 2020
Stratus

Stratus Redefining Social Media

August 24, 2020

5 Minutes of Blockchain & Cryptocurrency News!

We completely understand that your inbox is already full of junk emails. We promise that we gonna try to keep it clean by sending a daily newsletter with our latest news. You can always choose to unsubscribe to our newsletter if you're not satisfied.
coindoo icon
  • Contact Us
  • Advertise
  • RSS Feed
  • About Us
  • Partners
  • Terms & Conditions
  • Privacy Policy

© 2017-2020 Coindoo

The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

No Result
View All Result
  • Cryptocurrency News
  • Analyzes & Reviews
  • Guides & Tutorials
  • Events

© 2017-2019 Coindoo