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Since blockchain’s arrival, cryptocurrency has framed the technology as permissionless, or a public blockchain. For advantages, private blockchains are more scalable and energy-efficient with suggested use cases of banking and supply chain management. DDoS: Overwhelming the Network. Cryptocurrency Risks for Coins.
The economic downturn (caused by energy prices, inflation, sanctions, etc.) In 2023, we might see a slight decline in ransomware attacks, reflecting the slowdown of the cryptocurrency markets. DDOS Botnets. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.
This is particularly notable in the case of Lazarus APT, specifically its attacks against cryptocurrency investors in May. In general, we’ve observed hacktivists in the Russo-Ukrainian conflict become more skilled and more focused on attacking large organizations such as government, manufacturing and energy entities.
APT targeting turns toward satellite technologies, producers and operators The only known case of an attack utilizing satellite technologies that happened in recent years was the KA-SAT network hack of 2022. First, they can carry out actual cyberattacks, including DDoS attacks , data theft or destruction, website defacement, and so on.
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