The Cryptocurrency Arms Race Is On

By   ISBuzz Team
Writer , Information Security Buzz | Jan 04, 2018 07:00 pm PST

News broke that as the cryptocurrency market continues to grow and coin prices rise, security researchers have warned that a virtual currency “arms race” is looming as nefarious actors look to exploit the lucrative forum. According to security firm Symantec, browser-based cryptocurrency mining activity has not only risen from the dead, but exploded in the last few months of 2017. Andy Norton, Director of Threat Intelligence at Lastline commented below.

Andy Norton, Director of Threat Intelligence at Lastline:

Andy Norton“We have seen a 700% increase in exploits that include a cryptojacking payload from August to November. cnhv.cocoinhive.comcoin-hive.com and xmrminer.com are currently the top referenced mining domains.”

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