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Russia tops list of countries most affected by cryptocurrency threats – report | Russia tops list of countries most affected by cryptocurrency threats – report |
(2 months later) | |
The rising demand for cryptocurrencies has a direct influence on the growth of cryptocurrency threats, which started in the second half of 2020 and continued in 2021, says global leader in cybersecurity ESET. | The rising demand for cryptocurrencies has a direct influence on the growth of cryptocurrency threats, which started in the second half of 2020 and continued in 2021, says global leader in cybersecurity ESET. |
According to its report, as cryptocurrencies become more mainstream, the amount of malware that seeks to make a profit from them will grow. Cryptominers were the driving force behind the growth of cryptocurrency threats, increasing by 22% in the January-April period when compared with September-December 2020. | According to its report, as cryptocurrencies become more mainstream, the amount of malware that seeks to make a profit from them will grow. Cryptominers were the driving force behind the growth of cryptocurrency threats, increasing by 22% in the January-April period when compared with September-December 2020. |
“The countries most affected by cryptocurrency threats were Russia, where ESET telemetry saw 8.9% of such attacks, followed by Thailand and Peru, with 5.6% and 5.3% of detections, respectively.” | “The countries most affected by cryptocurrency threats were Russia, where ESET telemetry saw 8.9% of such attacks, followed by Thailand and Peru, with 5.6% and 5.3% of detections, respectively.” |
Geographically, most of the web threats in January-April 2021 were detected on devices of ESET customers in Russia, Japan, Peru, Poland and France. | Geographically, most of the web threats in January-April 2021 were detected on devices of ESET customers in Russia, Japan, Peru, Poland and France. |
The report said that the upward trend comes as no surprise, since recent months have seen cryptocurrencies dramatically increase in value, becoming much more tempting for cybercriminals. | The report said that the upward trend comes as no surprise, since recent months have seen cryptocurrencies dramatically increase in value, becoming much more tempting for cybercriminals. |
“One could say ‘fortunately,’ yet as you’ll see in our report, we are continuing to see worrying examples of cybercrooks rapidly abusing trending vulnerabilities and configuration flaws with a focus on achieving high returns on investment,” said Roman Kovac, chief research officer at ESET. | “One could say ‘fortunately,’ yet as you’ll see in our report, we are continuing to see worrying examples of cybercrooks rapidly abusing trending vulnerabilities and configuration flaws with a focus on achieving high returns on investment,” said Roman Kovac, chief research officer at ESET. |
Those abuses include continued abuse of the remote desktop protocol (RDP), which remains the number one target of brute-force attacks, increased numbers of cryptocurrency threats, and a steep increase of Android banking malware detections, he said. | Those abuses include continued abuse of the remote desktop protocol (RDP), which remains the number one target of brute-force attacks, increased numbers of cryptocurrency threats, and a steep increase of Android banking malware detections, he said. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |