Crypto Terms:
Letter M
What is Man-in-the-Middle Attack (MITM)?
Meaning:
Man-in-the-Middle Attack (MITM) -
a type of cyberattack where the attacker eavesdrops on a conversation between two parties.
Let's find out Man-in-the-Middle Attack (MITM) meaning, definition in crypto, what is Man-in-the-Middle Attack (MITM), and all other detailed facts.
A man-in-the-middle attack (MITM) is a type of cyberattack where the attacker intercepts a conversation between two parties, eavesdrops on the content, and may be able to modify the information transmitted by one or both parties. The term is not to be confused with a meet-in-the-middle attack.
The two parties being intercepted believe that they are communicating directly and securely. The perpetrator acts as a third party, intercepting the information, and is able to send new messages or modify them to appear as if they were sent from one of the two parties.
Man-in-the-middle attacks often occur when users connect to unprotected Wi-Fi networks. The goal of such cyberattacks is to steal sensitive information, such as login or banking details, spy on the victims, or modify and corrupt data.
Encryption can protect users from experiencing MITM attacks. In some cases, attackers may employ methods like phishing to trick users into visiting scam websites that appear legitimate. Data acquired from phishing websites can be harvested or recorded with little to no trace, meaning that users often don’t know they fell victim to a MITM attack.
Man-in-the-middle attacks attempt to avoid mutual authentication. This means that the attacker must impersonate each end of the conversation well enough to convince the parties that the conversation is not intercepted. Cryptographic protocols rely on endpoint authentication to prevent MITM attackers from interfering.
Transport Layer Security, or TLS, uses a mutually trusted certificate of trust to authenticate the identities of the parties involved in the conversation.
stop orders<\/strong><\/a> to decrease risk exposure and make sure that margin calls won’t get triggered. These orders are basically instructions to purchase or sell an asset on a trading platform and cryptocurrency exchanges.<\/p>\n<p>Besides, they are developed to safeguard users from huge losses during high volatility and swings periods. Traders can also specify the precise quantity that an asset must decrease in order for a margin call to be performed.<\/p>","definition":"an instance when an investor's account goes below the maintenance amount.","status":"published","meta_title":"What is Margin Call? Definition & Meaning | Crypto Wiki","meta_description":"Margin Call meaning: Margin Call - When an investor's account goes below the maintenance amount, this is referred to as a margin call.","meta_keywords":null}"
:prev-section="{"id":540,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Malware","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2024-01-08T04:23:11.000000Z","slug":"what-is-malware","title":"What is Malware?","section":"M","keyword":"Malware","content":"<p><strong>Malware<\/strong>, also referred to as malicious software, is a type of <strong>program used by hackers to gain unauthorized access to a system, or harm a computer, network, or server<\/strong>. Malicious individuals or groups utilize these harmful programs to steal personal information from the infected system.<\/p>\n<p>There are nine types of malicious software in total. However, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-virus/">viruses, worms, and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-hidden-cap/">Trojan malware are among the most infamous ones:<\/p>\n<ul>\n<li>A <strong>computer virus<\/strong> is one of the most known types of malware as it is the most widespread. Viruses are proficient in infecting various files quickly and making relevant changes;<\/li>\n<li><strong>Worms<\/strong> are infamous for infecting email systems. It’s a piece of cake for this type of malicious software to take over an entire computer system or even a network without the interference of the end-users. This is mainly due to their self-replicating nature;<\/li>\n<li><strong>Trojan’s<\/strong> goal is to collect the victim’s sensitive information. Computers are usually infected by visiting unprotected websites or opening malicious emails.<\/li>\n<\/ul>\n<p>In the context of cryptocurrency, attackers using malicious software have had a difficult time when trying to directly infect blockchain systems. Their distributed nature acts as a shield against malicious software.<\/p>\n<p>Therefore, hackers found a way around this obstacle in order to scam people out of their money. Attackers do this by infiltrating a targeted user’s device and walking away with their keys or exchange credentials.<\/p>\n<p>In order to protect themselves, users are advised to install the latest <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-antivirus/">anti-virus software<\/strong><\/a>. Naturally, they should also stay away from unknown websites.<\/p>","definition":"is a type of malicious program that grants unauthorized access or damages a system.","status":"published","meta_title":"What is Malware? Definition & Meaning | Crypto Wiki","meta_description":"Malware meaning: Malware - is a type of malicious program that grants unauthorized access or damages a system.","meta_keywords":null}"
:model="{"id":481,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Man-in-the-middle_attack","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2024-01-08T04:30:02.000000Z","slug":"what-is-man-in-the-middle-attack-mitm","title":"What is Man-in-the-Middle Attack (MITM)?","section":"M","keyword":"Man-in-the-Middle Attack (MITM)","content":"<p>A <strong>man-in-the-middle attack (MITM)<\/strong> is a type of cyberattack where the attacker intercepts a conversation between two parties, eavesdrops on the content, and may be able to modify the information transmitted by one or both parties. The term is not to be confused with a meet-in-the-middle attack.<\/p>\n<p>The two parties being intercepted believe that they are communicating directly and securely. The perpetrator acts as a third party, intercepting the information, and is able to send new messages or modify them to appear as if they were sent from one of the two parties.<\/p>\n<p>Man-in-the-middle attacks often occur when users connect to unprotected Wi-Fi networks. The goal of such cyberattacks is to <strong>steal sensitive information<\/strong>, such as login or banking details, spy on the victims, or modify and corrupt data.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-encryption/">Encryption can protect users from experiencing MITM attacks. In some cases, attackers may employ methods like <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-phishing/">phishing to trick users into visiting scam websites that appear legitimate. Data acquired from phishing websites can be harvested or recorded with little to no trace, meaning that users often don’t know they fell victim to a MITM attack.<\/p>\n<p>Man-in-the-middle attacks attempt to <strong>avoid mutual authentication<\/strong>. This means that the attacker must impersonate each end of the conversation well enough to convince the parties that the conversation is not intercepted. <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptography/">Cryptographic protocols rely on endpoint authentication to prevent MITM attackers from interfering.<\/p>\n<p>Transport Layer Security, or TLS, uses a mutually trusted certificate of trust to authenticate the identities of the parties involved in the conversation.<\/p>","definition":" a type of cyberattack where the attacker eavesdrops on a conversation between two parties.","status":"published","meta_title":"What is Man-in-the-Middle Attack (MITM)? Definition & Meaning | Crypto Wiki","meta_description":"Man-in-the-Middle Attack (MITM) meaning: Man-in-the-Middle Attack (MITM) - a type of cyberattack where the attacker eavesdrops on a conversation between two parties.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}"
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The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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current-chapter="M"
current-section="what-is-man-in-the-middle-attack-mitm">
