Hackers hide viruses in blockchains

$TAO

They are the fundamental element of cryptocurrencies. But they can also have another use.

Blockchains are sets of blocks

of data, stored simultaneously on

many computers connected to the internet

– and impossible to alter once written.

They function as decentralized and secure

repositories for online information.

That's why blockchains are used to

record transactions with cryptocurrencies, such

as bitcoin. But they can also serve another purpose.

A group of security researchers from

Google discovered that hacker groups are

using blockchains to store viruses and

other attack tools. Blockchains

are beyond the reach of authorities, and they

cannot be deleted – which also applies

to any viruses stored in them.

The researchers also described

a technique, dubbed EtherHiding (referring

to the cryptocurrency ethereum), that allows

hiding viruses in "smart contracts":

legitimate software used to automatically transfer

cryptocurrencies between two

people when a certain condition

(such as providing a service, for example)

is met. With EtherHiding, a virus is

executed along with the contract. According to the

researchers, the technique is already being used

by North Korean hackers. (BG)

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