The menace of coronavirus pandemic is accelerating significantly and hackers are capitalizing the element of fear to collect shear currency. They are creating thousands of websites as baits.
According to the Check Point Research report, threat actors are registering phony COVID-19-related domains and selling them on discounted off-the-shelf malware on the dark web.
In this article, we will delve into some essential details regarding the coronavirus-related bait sites. Here is some help.
The Coronavirus (COVID-19) pandemic is increasing tremendously and disrupting the global health at large extent, in addition to the damages to economics, social and political systems. More importantly, the digital world is also on the verge of destruction because, due to this menace, the people at large scale are compelled to work remotely and doing so will make them rely heavily on remote communication and digital tools. The cyber attackers are capitalizing this situation and attempting to compromise the confidentiality, integrity, and availability of data.
Undoubtedly, majority of new businesses based on most of their work and financial transactions online for simplicity and agility in dealing with the dynamics of the market. In addition, the big corporations already are mostly migrated from the legacy systems to the online world for a while now in a way that made all offline transactions outdated and simply obsolete.
In the age of the digital world, cyber threats and vulnerabilities have gained the attention of security leaders as well as countries across the globe. The issue of cyber warfare is no longer limited to organizations. Rather, even state-sponsored cyber-attacks are being organized and launched against enemy states. Reuters news agency in the UK reported that the Carnegie Endowment for International Peace discovered that cyber-attacks on financial institutions are increasingly being linked to nation-states and the damages were disruptive and destructive, rather than just theft. The majority of nation-state attackers belonged to North Korea, China, Iran, and Russia.