Cryptocurrencies are hot. According to https://coinmarketcap.com, there are now over 1300 cryptocurrencies with new initial coin offerings (ICOs) accelerating all the time. Even Kodak is getting into the act with KODAKcoin. And currently, the price trajectory of Bitcoin is higher than a North Korean rocket, with Blockchain saving the world one application at a time.
Cybercrime, which quickly adopted cryptocurrency as the payment method in the ransomware plague, is now turning its eye to other uses for cryptocurrency technology. We are seeing stolen account and credit card shops use the peer-to-peer DNS technology in Blockchain as a technique for bullet proofing their offerings. Jokers Stash (see Figure A), which has been linked to the Sonic Drive-In breach, is using .bazaar top level domains as an alternative to traditional DNS and tor-based naming systems.
This is a Security Bloggers Network syndicated blog post authored by Tripwire Guest Authors. Read the original post at: The State of Security