trojans
‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis. Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s knowledge. Malware-powered crime can be anything from information-stealing to denial-of-service (DDoS) attacks or ad fraud on a grand scale. The report excluded ransomware, which involves an initial use of hacks and malware to leverage ransom payments from vicitms in order to halt the attacks. Chainalysis stated: “While most tend to focus on high-profile ransomware attacks against big corporations and government agencies, cybercriminals are using less sophisticated typ...
‘Less sophisticated’ malware is stealing millions: Chainalysis
Cryptojacking accounted for 73% of the total value received by malware related addresses between 2017 and 2021, according to a new malware report from blockchain analysis firm Chainalysis. Malware is used to conduct nefarious activity on a victim’s device such as a smartphone or PC after being downloaded without the victim’s knowledge. Malware-powered crime can be anything from information-stealing to denial-of-service (DDoS) attacks or ad fraud on a grand scale. The report excluded ransomware, which involves an initial use of hacks and malware to leverage ransom payments from vicitms in order to halt the attacks. Chainalysis stated: “While most tend to focus on high-profile ransomware attacks against big corporations and government agencies, cybercriminals are using less sophisticated typ...
The Mobile Malware Scourge Hits SA, Kenya & Nigeria
Internet security provider Kaspersky has blocked more than 206,000 mobile malware attacks across the Middle East, Turkey, and Africa (META) region in just 6-months measured, between January to June 2021. Out of these attacks, a combined 30,000 originated from Nigeria (14,071), Kenya (10,697), and South Africa (5,499), respectively. Significantly, for the African countries monitored, Nigeria only trails Egypt (19,466) by the number of attacks blocked, pointing to how prevalent mobile threats have become in this highly connected country. In fact, Kaspersky’s latest research shows that when looking at the top ten countries by share of users attacked by mobile malware Nigeria places eighth (at 11.76%). Even though Kenya and South Africa might not feature as prominently, the mobile malware thre...
