Cyber war: After WannaCry, world faces massive cryptocurrency attack - News Summed Up

Cyber war: After WannaCry, world faces massive cryptocurrency attack


"Monero" -- being popularised by North Korea-linked hackers -- is an open-source cryptocurrency created in April 2014 that focuses on privacy, decentralisation and scalability. It is an alternative to Bitcoin and is being used for trading in drugs, stolen credit cards and counterfeit goods. This is how a cryptocurrency attack works. According to Proofpoint, the "Adylkuzz" attack is still growing. "When deploying specialised software for money processing follow recommendations and best security practices from your software vendor and security professionals," Halde added.


Source: India Today May 17, 2017 12:00 UTC



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