Results for cryptocurrency

Industry Trends

Cryptojacking: are your valuable bitcoins at risk?

Cryptocurrency is all the rage right now. You can’t go anywhere without seeing it online, mentioned in the news, or discussed in groups. With large sums of money exchanging hands daily and news outlets reporting that Bitcoin prices surged over 1,400% during 2017, it’s no surprise that people have been drawn toward the virtual currency space.

By Toan TrinhMarch 11, 2018

Threat Research

SpriteCoin: Another New CryptoCurrency…or NOT!

Fortinet FortiGuard Labs has come across a ransomware that only accepts Monero – an open source cryptocurrency created in 2014 – for payment, signaling a shift away from the widely used and accepted standard Bitcoin in the ransomware space. Ransomware authors are aware of current trends and events, and appear to be taking advantage of all the hype surrounding the cryptocurrency craze.

By FortiGuard SE TeamJanuary 22, 2018

Threat Research

Group Behind VenusLocker Switches From Ransomware to Monero Mining

There is no doubt that cryptocurrency has been on a steady rise. According to a research paper by the University of Cambridge, the market capitalization of cryptocurrency has increased more than three-fold since early last year and it’s not likely to stop there. With more and more people realizing that cryptocurrency is potentially a significantly profitable investment, this rise is likely to continue for the foreseeable future. And where there is profit, that is where malware attacks will gather. Which is why we have been expecting...

By Joie SalvioDecember 20, 2017

Industry Trends

Strengthening the Security Fabric of Blockchain

Blockchain is a shared and continuously reconciled database used to maintain a list of digital records, called blocks. It is quickly becoming an important tool not just for financial information, but also for managing and recording virtually all types of data, such as medical and other records, identity management, and transaction processing. Because a blockchain database is distributed and interconnected, it provides several essential services. The first is transparency. Because data is embedded within the network as a whole, it is by definition...

By Hemant JainJune 20, 2017