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Malicious malware found in over 2,000 WordPress websites is being used to steal visitors resources in order to mine cryptocurrencies and log visitors keystrokes.  More than 75 million businesses rely on WordPress websites and just last month over 5,000 websites were infected with a similar malware, called cloudflare.  Security researchers have been able to track this malware campaign back to Coinhive, a popular in browser service that offers website owners to embed a JavaScript to utilize CPUs power of their website visitors in an effort to mine the Monero cryptocurrency. However, not only does this malware capture the keylogging from everyday visitors, but also can affect website administrators who are accessing the website’s backend, which ultimately puts your business and confidential information at risk.

If hackers gain access to the dashboard, we can expect a post breach strategy to include the following: data breach attorneys, computer forensic experts, and PR consultants, all billing at an hourly rate. Depending on their findings, notification and credit monitoring costs could follow.

Evolve MGA’s hacker insurance covers policyholders in the event their cloud data is hacked, lost, or stolen. Contact us!

To learn more about this developing story, check out Hacker News!

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