Tuesday, August 1, 2017

Not long after, hackers began exploiting IoT for financial gain. The Linux.Darlloz worm, first identified in November 2013, targeted unprotected devices such as routers and set-top boxes for the purposes of mining virtual currency.

ZDNET article from March 2014 reports that the crooks had generated 42,438 Dogecoins and 282 Mincoins through the scheme -- less than $200 in total value.

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<p>Not long after, hackers began exploiting IoT for financial gain. The Linux.Darlloz worm, first identified in November 2013, targeted unprotected devices such as routers and set-top boxes for the purposes of mining virtual currency.</p><p>A&nbsp;<a href="http://www.zdnet.com/article/linux-worm-darlloz-targets-intel-architecture-to-mine-digital-currency/" target="_blank">ZDNET article from March 2014</a> reports that the crooks had generated 42,438 Dogecoins and 282 Mincoins through the scheme -- less than $200 in total value.</p>
Industry regulator says it will step in if the offer or issue of digital tokens involved products regulated under the country's Securities and Futures Act, following recent launches involving real estate.

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