India Records 5 Times Higher Cryptocurrency Mining Attacks

India Cryptocurrency Mining

Microsoft uncovered India discoveries from the most recent release of its Security Endpoint Threat Report 2019, which set India among the nations with the most noteworthy digital currency mining experiences and drive-by download assaults in the most recent year. 

Discoveries were obtained from an investigation of assorted Microsoft information sources, including eight trillion danger signals and dissected by Microsoft consistently, covering a year time frame, from January to December 2019. 

“As security defenses evolve and attackers rely on new techniques, Microsoft’s unique access to billions of threat signals every day enables us to gather data and insights to inform our response to cyberattacks,” said Mary Jo Schrade, Assistant General Counsel, Microsoft Digital Crimes Unit, Microsoft Asia.

“The Microsoft Security Endpoint Threat report aims to create a better understanding of the evolving threat landscape and help organizations improve their cybersecurity posture by mitigating the effects of increasingly sophisticated attacks.”

Notwithstanding crypto-hacking, malware, ransomware and drive-by download assaults present huge cybersecurity challenges in India, as indicated by the report. 

Despite the fact that the report expresses that drive-by download assaults have dunked by and large in the district, India enlisted an ascent of 140% in such assaults. These include the inadvertent download of pernicious programming when clients visit a site or utilize an application and can be utilized to extricate licensed innovation or money-related data. Singapore, India and Hong Kong are three nations that face the most elevated occurrence of such assaults. 

The security report accumulated by Microsoft, utilizing information from January to December 2019, likewise expresses that about 6% of Indian clients experienced malware assaults in the course of the most recent year. 

The Asia-Pacific area likewise has a higher than normal malware and ransomware experience rate – 1.6 and 1.7 occasions higher than worldwide midpoints individually, as per the report.

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