Cold wallets aren’t connected to the internet, which renders them much safer than other digital wallets. They generate public and private keys, which are printed on a physical piece of paper. Any crypto stored on the cold wallet can only be accessed if you have that paper’s keys in your possession. Other than the blockchain, […]
Cryptocurrencies have increased in popularity in recent years. Consequently, blockchains have also been the target of cybercriminals. Cryptos, like Bitcoin, use security keys to protect currency with unique corresponding sets of letters and numbers. Despite these measures, bad actors are increasingly using cryptocurrencies to steal information and collect ransom. Before purchasing a coin, make sure […]
Any internet-connected device with a CPU is susceptible to cryptojacking. The following are commonly targeted devices: Computer systems and network devices – including those connected to information technology and Industrial Control System networks; Mobile devices – devices are subject to the same vulnerabilities as computers; and Internet of Things devices – internet-enabled devices (e.g., printers, […]
Malicious cyber actors use cryptocurrency-based malware campaigns to install cryptomining software and hijack the processing power of victim devices and systems to earn cryptocurrency. Cryptojacking may result in the following consequences to victim devices, systems, and networks: Degraded system and network performance because bandwidth and central processing unit (CPU) resources are monopolized by cryptomining activity; […]
Ransomware is not new – it dates back to the 1980s – but it has undergone a renaissance throughout the 2010s, to the extent that it looks almost nothing like it did in its early days. Perpetrators have enhanced various strains with strong encryption (CryptoLocker), designed them to exploit protocols such as Microsoft Windows SMB […]
Use Cybersecurity best practices to help you protect your internet-connected systems and devices against cryptojacking. Use and maintain antivirus software, it recognizes and protects a computer against malware, allowing the owner or operator to detect and remove a potentially unwanted program before it can do any damage. Keep software and operating systems up-to-date so that […]
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