The threat of cryptocurrencies is increasing in Russia and Peru, since Bitcoin penetrates into the mainstream
The threat of cryptocurrencies is increasing in Russia and Peru, since Bitcoin penetrates into the mainstream
- A report shows that Russia has the list of countries affected by threats caused by cryptocurrencies, followed by Thailand and Peru.
- The report shows that the increase to the increased number of potentially undesirable applications is due to which are known as Nice Hash Miner
The price of Bitcoin has always correlated with ransomware attacks. In May 2019, when Bitcoin recovered at $ 5,350, a flood of attacks hit the US cities. In response to this, the spokesman for Emisoft, Brett Callow specified that there seems to be a correlation between top-class ransomware incidents and the Bitcoin price. According to a
The countries affected most of the threats from cryptocurrencies were Russia, where Eset telemetry recorded 8.9 % of such attacks, followed by Thailand and Peru with 5.6 % or 5.3 % of the reveals. The report showed that threats caused by cryptocurrencies in the second half of 2020 to the first half of 2021. The malware category recorded an increase of 18 percent with two smaller climbs at the crypto miners in February and April 2021. The ESET telemetry data show that crypto-miner show the driving force behind the increase in threats from cryptocurrencies with growth from 22 percent from January to April 2021 compared to the increase in September 2020.
The report shows that the increase to the increased number of potentially undesirable applications is due to the Nice Hash Miner. Cryptomining was closely linked to cryptojacking, in which a victim's computer is used to mine cryptocurrencies without his knowledge. While there was an enormous increase in cryptomine, there was a significant decline in crypto -tosteal with a decline of 28 percent from the last four months of 2020 to the first four months of 2021. Roman Kovac, Chief Research Officer near Eset claimed that rising ransomware attacks are associated with increasing crypto demand. Fortunately, one could say, but as you will see in our report, we continue to see worrying examples of cybercriminals that quickly misuse trend weak points and configuration errors to achieve high returns. The loss of volume when recognizing web threats was 25 percent in the last four months of 2020. Interestingly, according to the report, there was a downward movement by 29 percent in the first four months of 2021. Between the last four months of 2020 and the first four months of 2021, the web threats referred to as phishing decreased only 10 percent. Kovac further mentioned that some of the continuing attacks by Brute Force attackers were the remote desktop Protocol (RDP), the threat of cryptocurrencies and the increasing detection of Android banking malware. Callow has made it clear that correlation does not mean causality. Attackers could only be interested in taking advantage of the high price of Bitcoin. Guillermo Suarez-Tangil, computer science lecturer at King’s College London, explained that criminals bring important income into the shadow economy with the commodification of cybercrime. ransomware is only one of many elements in which criminal cryptocapital is introduced. "Correlation does not mean causality"
Source: Crypto-news-flash.com
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