New threats to blockchain platforms

New threats to blockchain platforms

According to Huobi Blockchain Research Center, people have been talking about digital assets and blockchain over the past few years. Blockchain innovations are constantly improving and the platform is becoming more and more stable.

At the same time, many people are starting to invest in Bitcoin and other digital assets. Businesses are exploring blockchain platforms and conducting research on how the network works — and how it can benefit companies and consumers.

Trickbot Attacks

Trickbot has been a hot topic recently for attacks on the financial sector. It has plagued banks around the world. According to FraudWatch, Trickbot infiltrated the banking system through malicious ads.

The Trojan Trickbot is very active in spam campaigns in the United States, the United Kingdom, and Australia, which are driven by production botnets.

Researchers say the spam campaign has been active for several months. The malware attacks are aimed at stealing personal login details and authentication codes.

Regarding the recent Trickbot Trojan attack on banks, it was mainly spread through spam emails and domain names imitating those used by financial institutions.

"These domains are almost always registered through GoDaddy and hosted on servers that use full email authentication and HTTPS," said Brad Duncan, administrator at the SANS ISC, an advocacy group that helps audit cybersecurity. "It's easy for recipients to be tricked into opening the attachments."

There has been no concise report on whether GoDaddy took action in the case.

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The target is digital assets

Blockchain platforms that are closely related to financial institutions are not immune to Trickbot attacks.

According to Forcepoint, they discovered a Trickbot campaign targeting crypto assets and reported it to PayPal, which was one of the targets. Coinbase is a trading site that only deals with digital assets like Bitcoin, Ethereum, Litecoin, etc. The malware also targets Coinbase, which means that crypto assets are also at risk of being stolen.

Researchers say malware has been prevalent on the Internet over the past year, targeting banks and inserting privacy exchanges into their websites.

According to Huobi Blockchain Research Center, because each token has its own unique code, how to identify whether the token has been stolen or obtained from malware is a challenge for the stability and reliability of the blockchain platform.

Additionally, investors and business people will also see the blockchain platform’s insusceptibility to Trickbots and malware.

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