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India, Sri Lanka Five-Time More Vulnerable to Crypto Hacks

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  • India, Sri Lanka Five-Time More Vulnerable to Crypto Hacks

    Microsoft has published its annual security report, which talks about the latest cybersecurity threats in the world. In its findings, Microsoft notes that India and Sri Lanka are five times more likely to experience crypto mining hacks, even though the number of such attacks has decreased by 34% from the previous year of 2018-19, notes Microsoft.

    In a crypto mining attack, an attacker injects malicious software in a user’s or an organization’s machine and then uses the machine’s computational power to mine cryptocurrencies. This crypto hack causes a decrease in performance and an increase in utility costs. Since the malicious software is difficult to detect, the attacker can potentially cause more damage.

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    People in India and Sri Lanka are five times more likely to experience a crypto-related hack, according to recent finding by Microsoft.
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