According to information obtained by Crypto Parrot, a trading simulator for cryptocurrency, it was found that 21% of attacks toward corporate networks involved crypto-mining malware, making it the second-highest cause of these attacks.

Botnet led the ranking, making up a total of 28% of attacks within the same timeframe. Infostealer came in third place with a 16% rate, succeeded by mobile with 15%. Banking malware cyberattacks placed fifth with a total of 14%. Ransomware was the most uncommon type of attack at 5%.

As far as the geographic distribution, the American continent saw 19% of corporate malware cyberattacks performed by crypto miners. On the other hand, European, Middle Eastern, and African nations received 21% of these cyberattacks. However, the highest amount of malware cyberattacks via crypto mining were found in Asia and the Pacific, coming to a total of 26%.

The increasing value of the crypto sector gives rise to crypto mining malware

The review goes over some of the factors that have given way for crypto miners to make up such a significant amount of corporate malware cyberattacks. According to the review of the investigation:

“In 2020, digital assets remained resilient amid the economic meltdown occasioned by the coronavirus pandemic. The value of cryptocurrency began rising from the third quarter of 2020, led by bitcoin in return bolstering the amount of money hackers can rake in. In general, attackers took advantage of the price trend and increasingly spread malware to exploit other people’s computer resources for illegal mining activities.”

Hackers who use crypto mining are furthering their efforts by concentrating on digital assets that are anonymous, such as Monero.

Overall, they are pursuing assets that do not disclose transaction amounts or parties that are not able to be associated with prior transactions and are made for mining on common computers.

Using a dedicated server can offer protection from these attacks

Using a dedicated server like those offered by ServerPronto can make you feel more at ease. Given that ServerPronto owns the network, facility, and infrastructure on which your servers run, security and reliability are guaranteed for your digital assets.

This means that you will have multiple security solutions for your digital assets, keeping your server secure and your data safe. Some of these solutions include:

  • McAfee Server Security
  • Idera (R1Soft) Managed Backup Solutions
  • Hardware RAID Configurations
  • Cisco and SonicWall Firewall Options
  • PCI Compliant Facility Security 

If you’re looking for a practical way to protect your network against crypto-mining malware attacks, take a look at the affordable and secure hosting services provided by ServerPronto.

Microsoft fixes a vulnerability detected in Windows Defender that has been present for 12 years
A security flaw was recently discovered in the Windows Defender antivirus, pre-installed by default in the Windows operating system that has gone unnoticed for 12 years. Last week the company announced a security patch to correct the bug.

According to the security company that discovered the flaw, SentinelOne, the security vulnerability allowed potential attackers to access Windows system security privileges, which are reserved exclusively for administrators. The vulnerability was found in Microsoft Defender, the antivirus pre-installed on Windows computers, and this means that the flaw was present in more than one billion devices worldwide.

As far as we have been able to learn, since 2009 this software had a driver known as BTR.sys, responsible for deleting the system file and other resources created by the malicious software on infected computers. The driver did not check in one of its processes whether the deleted and created files had been changed to a link, allowing an attacker to overwrite files on the device, an action exclusively reserved for the system administrator.

At the moment there is no evidence that the vulnerability has been exploited by cyber attackers and it may not have been detected in the 12 years that it has been present in the system.

It was just last Tuesday when the Redmond company released an update that put an end to the problem. It was dubbed CVE-2021-24092. The patch was automatically distributed to all Windows 10 users. However, devices with earlier versions such as Windows 7 remain vulnerable to potential attacks after the end of the company’s security support.

Everyone seems to be talking about Windows malware. This is bound to be looking at the number of Windows PCs that sell worldwide. But it’s used in many countries in the world and there are pockets where this is the only OS that sells. The fastest supercomputers of the world all run on Linux. It’s embedded systems are also popular in handheld devices including smartphones and tablets. Thus, Linux malware is not an unknown quantity. If you have a Linux system, you should be aware of the malware that can affect it and stay protected accordingly.

Credit card fraud, identity theft, stalking – these are only a few of the many reasons why you should be thinking about how to protect yourself from mobile malware. When they hear terms like keylogging, worms, and spyware, most people think of their home computers and laptops, not their mobile devices. In 2013, researchers at Pew Research Center released the results of their latest study confirming that 97% of 18-34 year-olds own mobile devices, followed by 91% of people aged 35-64.