As Cryptocurrency Crash Continues, Will Mining Threat Follow?

 

Digital currencies are playing a vital role in the economy now. It has begun the year out strong after a meteoric rise toward the end of previous years. It is safe to say that cryptocurrencies have had a massive impact globally, especially on the threat landscape. But in ending of the year on a sour note for these currencies, as they have been in continuous decline, ending in a sudden drop resulting in losses. Digital Yuan is also a part of cryptocurrency and is also known as a digital currency. The vicious cryptocurrency mine became a new voluntary burden of opponents as well as recurring revenues, extracting a sum of money for threats such as hackers from threatening areas.

But the sudden collapse of the market, after a gradual decline, raises the question of how the location of the threats will be affected, if so. Without common sense, Cisco Talos has never seen a significant change removed from cryptocurrency miners.

 

 We’ve seen movement pockets, but they live obviously in the email space where the distribution of threats and bottles plays an important role. Talos also released another blog describing some of the campaigns we have seen recently from well-known actors with a history of cryptocurrency mining. It is clear, as far as the threat area is concerned, 2018 was the year of vicious cryptocurrency mining. Cisco Talos first observed cryptocurrency mining in early 2018, and again at multiple points throughout the year including a whitepaper discussing the threat and associated coverage. Malicious actors inject malware into systems and snitch their computing power to “mine” cryptocurrencies.

 

 

Spam and mining effect

One of the leading indicators in Yuan Pay Group that describes how a threat is affecting the threat landscape is spam levels. Most of the spam we see every day is made of a botnet, and those botnets do that job to make money. This is where we saw a change throughout the year of cryptocurrency mining. As you can see, below the total spam rate, except for two extremely high campaigns earlier is down. 

 

 

Web

Web-based attacks continue to be exploited by attackers to slow down programs around the world. Over the years, exploitation kits and fraudulent campaigns have been used to spread drugs and other threats to targeted programs. Since the end of 2016, there has been a significant decline in global exploitation practices. In the remaining campaigns, dangerous crypto mining uploads were still commonly distributed by downloads, rather than other malware that had been historically associated with these campaigns. As well as the use of kits and fraud, cryptocurrency mining malware has also been seen to be delivered with fake Flash Player updates. In this attack, victims are encouraged to upgrade their version of Adobe Flash Player, but malware downloads a paid load used to infiltrate systems and cryptocurrency miners.

 

 Real-life effect 

One of the best indicators is that we threaten the real impact on life. There are two main areas where that data will be located: from the end and the location of the network. When we first looked at the data of Digital Yuan, it was expected that the total amount of cryptocurrency mining activity would decline in recent months, but that was not the case. There has been a slight decline in the value of cryptocurrency mining activity, but that has been linked to a few areas of the threat world. We hope this information would be helpful for you. Thanks for visiting.