Iran-Backed Hackers Boost Cryptojacking, Ransomware Capabilities, iDefense Report Says
Cryptovest
Published Aug 08, 2018 11:47AM ET
Updated Aug 08, 2018 01:00PM ET
Iran-Backed Hackers Boost Cryptojacking, Ransomware Capabilities, iDefense Report Says
Iranian hacking groups are increasing their crypto-related cyber threats, as the country is facing renewed US sanctions. A recent report by iDefense - a company owned by Accenture - found connections between actors in the country and some forms of malicious software. Moreover, researchers suspect that some of the actors are state-backed.
“The increased repurposing of popular malware by Iranian actors could lead to the use of ransomware for destructive purposes by state- sponsored organizations,” the report noted.
It added that the US and Europe are not likely to become focus on cyberattacks from Iran, unless the country is placed under extreme economic pressure. On the other hand, countries like Saudi Arabia, the United Arab Emirates, Bahrain,&nbs...
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