Whether through a link, email or classic malware, attacks of this type can be very difficult to detect. However, there are some signs that can give an alert to prevent this cyber attack from going further.
The arrival of the world of cryptocurrencies brought with it certain facilities and flexibility to adopt new economic changes, but it also contributed a lot to several blows, risks and even cyber attacks. In this way, a concept that has been gaining strength lately is the so-called “crypto-hacking”: the use of other people’s devices (PC, smartphones, tablets or even servers), without due consent or knowledge, to mine and extract cryptocurrencies from cryptocurrencies. victims.
In the first quarter of 2022, 78 hacking events were recorded, of which almost 1.3 billion dollars were obtained through the blockchain, which represents an increase in crimes of 136% compared to the same quarter of 2021. These numbers continue to increase and , so it is important to be aware of the different warning signs that may arise.
Eduardo Borba, president of Softline Brazil
“Although the market is currently constantly seeking to promote user security, through methods such as identity verification or QR codes, no one is exempt from suffering this type of hack. Therefore, it is important to be aware of unusual signs that may be present on the computer. Despite many companies disclosing their vulnerability to this type of hack, the expansion of the cryptocurrency market continues. In turn, Brazil ranks first in Latin America with the highest number of cyber attacks, according to a report released by the company specialized in Threat Intelligence, SonicWall. However, in a sector that does not stop, what is sought is to promote the use of computerized systems capable of providing great security for data and sensitive information that represent a greater level of importance for the public”, explains Eduardo Borba, president from Softline Brazil.
The main motivation for carrying out crypto-hacking is money, and with it the power to carry out other types of attacks. These types of cyberattacks aim to go further and further and invade increasingly relevant hardware. An example of this is an incident where criminals hacked into the operating technology network of the control system of a European public water utility, which infrastructure security experts say degraded the operator's ability to manage the plant, with a significant impact on the internal security. Fortunately, the company realized when it installed intrusion detection products on the company's network, particularly its internal network, that it would not normally be exposed to the Internet.
The process of this type of attack is the same as for malware, they can enter the device through an email, a link, etc. Such an attack on a system can be difficult to detect. Likewise, figuring out the source of CPU usage can be complex. Processes can be hidden or masked as legitimate through proper system names to prevent users from stopping them.
In an ever-changing threat landscape, staying safe from the latest dangers like crypto-hacking is a full-time job. For this reason, having the necessary means to detect and clean any type of intrusion and to protect all the highly valuable resources present in the computer is of vital importance. Whether or not you are entering the world of cryptocurrencies, taking care of your devices is essential to avoid falling into the hands of malicious people. Prevention is essential to staying safe.
About Softline
Softline is a world-leading provider of digital transformation and cybersecurity solutions and services headquartered in London. The company enables, facilitates and accelerates digital transformation for its customers' businesses, connecting more than 150,000 organizations across all industries with more than 6,000 world-class IT providers, along with their own services and solutions.
With a turnover of $2.2 billion in fiscal 2021, Softline is now one of the fastest growing companies in the industry. In October 2021, the company obtained its main listing on the London Stock Exchange (LSE:SFTL). Softline's growth is based on its three-dimensional strategy to expand its geography, portfolio and sales channels. The strategy is supported by Softline's active approach to M&A, allowing the company to take advantage of the ongoing consolidation in the sector. During fiscal 2021, Softline acquired several companies with an annual turnover of approximately $200 million, including five acquisitions that were announced in the first six weeks of 2022.
Softline's 8,400 employees work in nearly 60 countries across Asia, Latin America, Eastern Europe, the Middle East and Africa – markets with significant growth potential.
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