Don't Worry, Hackers Will Never Use Your Smart Toaster to Mine Bitcoin
The IBTimes recently ran a story informing readers that "Hackers could be targeting toasters to mine bitcoins, expert warns." Speaking to the annual Slush startup conference in Helsinki, Finland, F-Secure Chief Research Officer Mikko Hypponen stated, factually, that: "Cryptocurrencies are interesting as they open up new opportunities, like mining. Attackers don't target the user but the computer itself. Internet of Things devices can be hacked to mine cryptocurrencies and make money." Last year, Hypponen said similar things in his speech, which generated similar headlines. Why then, a year....
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SophosLabs has published a report on how hackers are distributing a new mining malware across the web. The Mal/Miner-C malware hijacks a computer and allows malicious individuals to mine Monero with the victim’s processing power. SophosLabs Researches a New Exploit That Borrows CPU Power to Mine Monero. A new paper, authored by Attila Marosi, details how....
A state-affiliate cybersecurity expert warned about hackers exploiting the Russian government’s IT facilities to mine cryptocurrencies. The deputy director of the National Coordination Center for Computer Incidents believes such threat actors have been very active in recent times. Global Cybersecurity Landscape Remains ‘Tense’ According to TASS, Nikolai Murashov pointed out that hackers managed to inject unknown malware into the infrastructure of Russian government entities, medical institutions, defense contractors, and even research institutes. The cybercriminals then....
Hackers are soon going to be the new lawyers as the adoption of smart contracts increase in the near future. The advent of Blockchain 2.0 and Blockchain 3.0 has given rise to new ways of automation using Bitcoin’s underlying technology. There are special cryptocurrency platforms like Ethereum, Rootstock, Counterparty, Lisk and more that allows people to create smart contracts on the blockchain. These smart contracts enable automation by allowing developers to set trigger conditions. These trigger conditions are certain prerequisites, when met, will execute the function programmed on the....
Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says.
Hackers recently took control of a group of HP-branded servers and used them to remotely mine a cryptocurrency called raptoreum, according to reports. This resulted in the compromised cluster of HP machines becoming the biggest contributor to the total mining pool of the cryptocurrency, allowing attackers to rake in $110,000 worth. The coins are said to have been mined between December 9 and December 17.
HP Servers Suffer Cryptojacking Attack
A group of HP servers operating for an undisclosed company was attacked by hackers that managed to take control of the hardware and....