Indian cryptocurrency market has been hit by a malware and hackers who are making magic internet money off of their websites. The government might have reservations against cryptocurrency but with no regulatory board and laws, they are inadvertently providing aid to the security breaches.
More About Cryptojacking Malware
Security researcher, Indrajeet Bhuyan, stated that hackers intend towards government websites for crypto mining as there is much higher traffic and they are trustworthy. He also added that earlier there was hacking of websites but injecting malware has become the latest trend to make money.
Indian cryptocurrency market is flourishing with such digital scams and the list of such websites is pretty long.
Such vulnerabilities were first identified by a team of Guwahati-based security researchers Anisha Sarma, Bhuyan and Shakil Ahmed on the government websites of Andhra Pradesh. They found three websites injected with the malware one of which sees approximately 160,000 hits every month. (Via Coin Desk)
Keep reading to find out more about cryptojacking malware and Indian cryptocurrency market.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]