Bitcoin, mobile payments battle against cyberthreats | Bangkok Post: business - News Summed Up

Bitcoin, mobile payments battle against cyberthreats | Bangkok Post: business


This year several coin exchanges were attacked. Regulators need to devise some degree of security standards for coin exchanges to protect themselves, Mr El Nabawi said. Attackers have also tricked victims into bitcoin mining on their computers and mobile devices. He said that because the cybersecurity vendors are using AI, cybercriminals also try to avoid being detected by it, prompting them to develop "file-less and file-light" malware. Mr El Nabawi said financial trojans will still cause greater losses than ransomware because cybercriminals can profit more from attacking mobile banking applications.


Source: Bangkok Post December 15, 2017 00:45 UTC



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