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A mass cyber attack, aimed at infecting computers with a crypto miner, was detected by Microsoft experts. Over 400 thousand people could be the victims of criminals.

 

Web analytics found digital traces of a campaign for the spread of malware. The 80 thousand strong complex of Trojans capable of disguising themselves and trying to overcome protection modules continuously for 12 hours was revealed to be created specifically for installing crypto miners. The attack was reflected in a Microsoft software product called Windows Defender (Windows Defender).

 

The virus turned out to be a miner that tried to adapt captured computers to the extraction of the Electroneum cryptocurrency. The majority (300 thousand) of the potential victims were on the territory of Russia.

 

The malicious software could be classified as a threat and blocked almost immediately. Representatives of Microsoft said that “Windows Defender” detected the viruses due to the recently introduced capabilities of machine learning and cloud computing.

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Scripts for mining have become a frequent tool for hackers. Recently, hidden mechanisms for selling the production of cryptocurrency have been found in advertising banners on YouTube. The malicious software downgrades the computer’s processing power by 80 percent while the user watched videos. Identical programs are often placed by cybercriminals on sites with adult content.

 

Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.

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