Malicious software was found on a group of Monero mining systems on August 3rd. The systems, located in Brazil, and their threatening software were found by Simon Kenin, who is a TrustWave Researcher.

He noticed that MicroTik was being used for the attack, impacting 200,000 routers that were in service mining Monero. These cyber delinquents developed a program that runs in the background, while infiltrating the entire system with a malware code.

The most powerful attack against a Monero system is through its CPUs and a certain mining script called a coinhive. The script runs globally, which makes it even easier to hack.

According to Forbes, the router holds a microchip, which has a great similarity to the ones that handheld devices use. Even though the microchip is not exactly well-protected or powerful, it is able to do more than just connect to the internet.

In general, the accounts of users are still relatively safe with mining malware, since the attackers are not looking to steal a user’s assets. Instead, it does not a lot of damage to the infiltrated devices and can cause slow performance speeds. Read more from…

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