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College Students Get Into The Cryptocurrency Business In Their Dorms

March 30, 2018 By News Team Leave a Comment

College dorms are increasingly being used for cryptomining. The process of mining for cryptocurrency involves the use of idle computing power to verify transactions on the blockchain. Miners who are able to solve the complicated math problems called … [Read more...] about College Students Get Into The Cryptocurrency Business In Their Dorms

Filed Under: Cryptocurrencies, Cryptomining Tagged With: Chris Morales, college dorms, college students, computing power, cryptocurrencies, cryptomining, guidance, hackers, mining, proof of work, Stanford University, Vectra

Tesla Cloud is Hacked

February 22, 2018 By News Team Leave a Comment

The Tesla cloud environment has fallen victim to a cryptocurrency mining malware attack, according to cybersecurity software company RedLock. On Tuesday, its Cloud Security Intelligence (CSI) team notified Tesla that hackers had exploited an insecure … [Read more...] about Tesla Cloud is Hacked

Filed Under: Cryptojacking Tagged With: Aviva, cloud computing, cryptocurrencies, cryptojacking, Gemalto, mining, mining software, monitoring techniques, RedLock, Tesla, Tesla's cloud

Telegram Zero-Day Spreads Malware

February 16, 2018 By News Team Leave a Comment

Russian security researchers at the Kaspersky Lab have identified a new malware campaign exploiting a zero-day vulnerability in Telegram Messenger, primarily used to spread malware, which mines cryptocurrencies including Monero and ZCash, without the … [Read more...] about Telegram Zero-Day Spreads Malware

Filed Under: Malware, Vulnerabilities Tagged With: Alexey Firsh, cryptocurrencies, Kaspersky Labs, Malware, mining, RLO attack, Russia, Telegram, Telegram messenger, zero day vulnerability

Cryptojacking Is On The Rise

December 14, 2017 By News Team Leave a Comment

A new phenomenon called cryptojacking is on the rise, involving cybercriminals secretly taking money from their victims, without even delivering malware to their computer or smartphone, when they visit infected websites. Cryptojacking took off a … [Read more...] about Cryptojacking Is On The Rise

Filed Under: Mining Tagged With: Coinhive, CPU, cryptocurrency, cryptojacking, Malwarebytes, mining, Monero, Webroot

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