LearnBonds.com

Microsoft Reveals 80,000 Devices Infected by New Cryptocurrency-Centric Malware

New Microsoft (MSFT) Study Reveals That Parents Are Going Overboard with Online Sharing

Malware, one of the most easily spread digital diseases out there, infects hundreds of thousands of computers every year. Of course, as you can probably imagine, this has spread into the cryptocurrency industry as well. As a result, not only are these devices getting infected by malware, but they’re also being used to mine cryptocurrencies, or users are forced to pay cryptocurrency to unlock their computers from the malware.

More specifically, Microsoft recently revealed that one specific malware, called Dexphot, has been spread to around 80,000 devices over the past year, starting the record-keeping in October of 2018. Essentially, what it does is hide what it’s doing and use the infected device to mine cryptocurrency. From there, it makes sure to reinfect a device even if the user tries removing it.

malware

A brief excerpt on the malware:

“The Dexphot attack used a variety of sophisticated methods to evade security solutions. Layers of obfuscation, encryption, and the use of randomized file names hid the installation process. Dexphot then used fileless techniques to run malicious code directly in memory, leaving only a few traces that can be used for forensics. It hijacked legitimate system processes to disguise malicious activity. If not stopped, Dexphot ultimately ran a cryptocurrency miner on the device, with monitoring services and scheduled tasks triggering re-infection when defenders attempt to remove the malware.”

Of course, Microsoft did what it could to protect against Dexphot, but it can only do so much thanks to the fact that the malware’s machine learning processes could stand against pretty much anything the software giant throws at it.

All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Max Moeller

Max Moeller

Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend. LinkedIn: https://www.linkedin.com/in/maxwell-moeller-912044b4/
HTML Snippets Powered By : XYZScripts.com