ADVERTISEMENTREMOVE AD

New crypto-miner targeting corporate networks in India: Kaspersky lab

New crypto-miner targeting corporate networks in India: Kaspersky Lab

Published
Hot News
1 min read
story-hero-img
Aa
Aa
Small
Aa
Medium
Aa
Large
Hindi Female
ADVERTISEMENTREMOVE AD
New Delhi, July 30 (IANS) A new crypto-currency miner, dubbed PowerGhost, is targeting corporate networks in India and several other regions in the world, according to new research from Russia-based cybersecurity company Kaspersky lab.
PowerGhost uses multiple fileless techniques to discreetly gain a foothold in corporate networks, meaning that the miner does not store its body directly onto a disk, increasing the complexity of its detection and remediation, showed the study published in Securelist, the online headquarters of Kaspersky lab security experts.
The main victims of this attack so far have been corporate users in India, Brazil, Colombia and Turkey, it added.
Crypto-currency mining software creates new coins by using the computing power of a victim PC and mobile devices.
The threat from crypto-currency mining software has sky rocketed in recent times, replacing ransomware as the main type of malicious software, as previous Kaspersky lab research had shown.
As this trend grows, enterprises will be put at risk, as miners sabotage and slow down their computer networks, damaging overall business processes and lining their own pockets in the process.
However, the emergence of PowerGhost adds a new dimension to the trend. It demonstrates that malicious miner developers are shifting to targeted attacks to make more money.
PowerGhost is distributed within corporate networks, infecting both workstations and servers, the study said.
--IANS
gb/bg

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

0

Read Latest News and Breaking News at The Quint, browse for more from news and hot-news

Topics:  ians 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More
×
×