Cryptojacking Report: Attacks on the Rise in Mexico

The latest crypto attack report shows that attacks are on the rise in Mexico as well-known cloud service providers are unable to prevent hackers from carrying out a crypto attack on organizations. Mexican authorities and local companies complain that they have experienced several attacks recently. In our crypto news sites today we learn more.

A recent report revealed that 70% of organizations in Mexico use cloud services and their networks are exposed to multiple external threats as local companies complain that the number of crypto hacks has decreased. increased in the past year. The cryptojacking report also shows that phishing groups are involved in cases where they attack unauthorized access in mobile devices or computers for cryptocurrency mining. Russia-based cybersecurity firm Kaspersky said the number of such attacks increased significantly in the first quarter of 2020.

Another report highlights that Mexican organizations are quite attractive targets for crypto-attacks as many companies have reported that after investigating, they discovered that their networks were being used. different mining methods for cryptocurrencies without revealing which digital assets were mined. General Manager of Sales of Latin American cloud computing company Netskope, Alain Karioty explained that cryptocurrency attacks are easier to deploy because people are still not aware of the threat, and added that organizations Organizations must strengthen their security protocols and education if they wish to escape from such activities.

The report compiled by UK-based security software company Sophos blamed the lack of some appropriate countermeasures from Mexican organizations as the main cause of a large number of attacks. e-money justice. Ransomware is another common form of attack, in which fraudsters insert malware into larger networks to encrypt sensitive information or steal them. To return access to these documents, the attackers demanded a ransom in cryptocurrency but unfortunately for Mexico, the country has also seen its fair share of attacks such as so.

One example came later in 2019 when the state-owned oil company Petroleos Mexicanos was hacked. The company had to shut down all of its systems across the country because the attackers then contacted Pemex and demanded $5 million worth of ransomware in Bitcoin. The country’s economy minister discovered a similar attack when an unknown organization hacked into several servers, but the ministry said that “sensitive information, as well as that of users, is not considered violated”.

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