Microsoft is invested in helping partners create Internet of Things solutions with strong security products that support the March 2023 United States National Cybersecurity Strategy.
Cloud cryptojacking, a type of cyberattack that uses computing power to mine cryptocurrency, could result in financial loss to targeted organizations due to the compute fees that can be incurred from the abuse.
Microsoft has uncovered an attack leveraging custom and open-source tools to target internet-facing IoT devices and Linux-based systems. The attack involves deploying a patched version of OpenSSH on affected devices to allow root login and the hijack of SSH credentials.
To provide advanced protection against increasingly complex and evasive cryptojackers, Microsoft Defender Antivirus integrates with Intel® Threat Detection Technology (TDT) that applies machine learning to low-level CPU telemetry in detecting cryptojackers, even when the malware is obfuscated and can evade security tools.
The rise in cryptocurrency market capitalization paved the way to the emergence of threats Microsoft security researchers are referring to as “cryware”—information stealers focused on gathering and exfiltrating data from non-custodial cryptocurrency wallets.
With cryptocurrency mining on the rise, Microsoft and Intel have partnered to deliver threat detection technology to enable EDR capabilities in Microsoft Defender for Endpoint.
As organizations connect massive numbers of IoT/OT devices to their networks to optimize operations, boards and management teams are increasingly concerned about the expanding attack surface and corporate liability that they represent.
The surge in Bitcoin prices has driven widescale interest in cryptocurrencies. While the future of digital currencies is uncertain, they are shaking up the cybersecurity landscape as they continue to influence the intent and nature of attacks.
