BLOCKCHAIN MALWARE IMPACT ON ORGANIZATIONAL SECURITY
BLOCKCHAIN MALWARE IMPACT ON ORGANIZATIONAL SECURITY

Author(s): Dragos Draghinescu, Alexandru Caranica, Octavian Fratu
Subject(s): Government/Political systems, International relations/trade, Security and defense, Welfare systems
Published by: Carol I National Defence University Publishing House
Keywords: Malware; blockchain; cryptojacking; monero; bitcoin; attack; crypto coin; energy consumption;
Summary/Abstract: Ever since the launch of Bitcoin block chain system, the world has witnessed a new type of asset: the data asset. The power of value distribution and lack of transaction tracking comes with the price of enhancing data theft capabilities of black hat hackers. This work will attempt to expose the type of attacks that use virtual currency, as well as the impact it produces in an organization. We consider two well-known types of malware involving cryptocurrencies: mining-based and ransomware. The attacker damage is in the resource consumption, whether that is money extortion, electrical power or device wearing.

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