Crypto malware spreads to around 415,000 routers across the globe

Earlier in August 2018, security researchers found a  crypto-jacking malware that infected 2,00,000 routers in Brazil and now a report suggests that the malware has now spread worldwide and the figure has doubled as the malware has spread all over the world.

The malware was detected by Internet security researchers who further claimed that cryptocurrency miners were behind this as they must have override the routers to mine cryptocurrencies without any notice. Recently a report by TheNextWeb explains that this is a serious issue for the cryptocurrency market and it is believed that the same malware has gone overseas and has affected over 4,15,000 routers by now.

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MicroTik routers were found to be the first victim of this malware from the first attack which happened in Brazil. Since then the growth of this malware has inflated into 280,000 more routers in September. For the recovery, security researchers are implying for all users and especially to those who own MicroTik devices to download the latest patch and to stay protected.

One of the main reasons that malware is affecting routers is that service providers who set up the router connection are not sophisticated and most of them are unaware of how to update the router or how to make the router more secure.

Josu Franco, technology and strategy consultant at Panda Security says “Cryptocurrencies are considered to be the gold of 21’s century and crypto-jacking has emerged because hackers always seek to make money in the easiest way. Plus hacking kits can be bought on the dark Web for around $30.”

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