Cointelegraph
DOGE$0.06950 4.40%
TRX$0.3288 0.01%
LINK$8.48 1.48%
ZEC$504.64 1.40%
ADA$0.1690 2.66%
XRP$1.11 2.52%
ETH$1,883.82 2.35%
BTC$65,181.03 1.21%
XMR$356.31 1.73%
BNB$568.32 0.32%
XLM$0.1827 2.06%
SOL$76.22 1.90%
HYPE$57.99 2.02%
Written by Gareth Jenkinsonstaff writerReviewed by Igor Belkinformer editor

Hackers Want In On Bitcoin Action: Expert

Latest NewsPublishedNov 29, 2017

Hackers are scouring the Internet for Bitcoin wallet archives.

hackers-want-in-on-bitcoin-action-expert

It’s hardly surprising that criminals are looking to get in on the cryptocurrency action as Bitcoin price surged past the $10,000 mark late on Monday.

Cybercriminals, hackers, Internet pirates, call them what you want, are scouring the Internet in search of easy targets as the world wakes-up to the success of Bitcoin and its altcoin successors.

According to American SANS Technology Institute’s online forum, a cybersecurity expert’s software has identified bots trying to piggyback off various information systems to find unsecured cryptocurrency wallets around the world.

Didier Stevens says hackers are using software that scans computers for files containing wallet information - which allows cybercriminals to access and steal funds in online wallets.

“I’ve seen a couple of such requests a couple of years ago, but it’s the first time I see that many. The first time I observed this was late 2013, in the middle of the first big BTC (Bitcoin) price rally.”

While hackers are scouring the Internet for Bitcoin wallet archives, Stevens also pointed out that Ethereum wallet clients were also being targeted, according to RT.

Hackers are trying to access local Ethereum JSON-RPC interfaces, which should only be accessible by an individual system. Bypassing authentication of wallets, hackers can control an Ethereum client and effectively steal funds.

Individuals that have synchronized the Ethereum Blockchain on their system are at risk if their JSON-RPC interface allows incoming requests.

Secret symbol № 13: e What is this?

1 minute letter

Subscribe to daily byte-sized crypto news from Cointelegraph

Subscribe
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

More on the subject