What Impact will Malware Botnets have on Cryptocurrency Mining?

Colleagues, the rise of Cryptocurrency mining – whether via mining ASICs, pools or cloud-based solutions – has been accompanied by a significant increase in malware … specifically botnets. Bitmain, ViaBTC, Slush, F2pool, BTC, Bitclub Network, HashFlare, Genesis Mining and others all need to take increased measures to protect against the onslaught of new malware. Smominru and DDG are among the more ominous server-based botnets while ADB.A, Mirai and Loapi all pose serious threats to crypto mining. So which solutions are available to the crypto mining sector? WAFs from F5, Imperva and Akamai each provide some degree to protection, however, the Crypto mining botnet threatscape appear to be outpacing the development of effective solutions leaving – at least in the near-term - Crypto Mining with big holes in its defense arsenal. Send us your thoughts and subscribe today! Lawrence, Cyber Security Defender (https://cybersecuritydefender.blogspot.com)