Cryptojacking: A Rising Threat to All Internet Users
The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic nature to the higher levels of security it can provide through the blockchain, crypto is changing the world around us. Unfortunately, as with so many other digital world areas, hackers have found a way to exploit innocent user’s computer resources to mine cryptocurrency. This means whether you’re a diehard crypto....
Related News
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According to Unit 42 in their “Cloud Thread Report,” cryptojacking attacks have been decreasing for the first time since 2018 – the year when the firm started to trace illicit mining activities. But the study put its focus specifically on monero (XMR). Threat actors in cryptojacking attacks....
Although recent studies have been showing a slowdown in cryptojacking activities, especially the ones related to mining privacy coins, Intel remains on the hunt to crackdown on such activities. The tech giant has partnered with Microsoft to deploy a campaign that strengthens cryptojacking detection with new technologies. Tool Could Trigger Multiple Detectors to Halt Any Cryptojacking Threat According to the announcement, Microsoft Defender for Endpoint integrated a threat detection tool – known as Intel Threat Detection Technology (Intel TDT) – designed by Intel to launch an....
The crypto industry is fraught with different malicious actors preying on unsuspecting users, especially the cryptojacking attackers. Many hacks and exploits occur in the industry, targeting crypto firms and individual investors. According to data, crypto scams and exploits in 2022 amounted to $10.3 million from January to June. This shows that the industry is not safe to operate without caution. Apart from exploiting exchanges and networks, cybercriminals also target individuals through cryptojacking. This targeted attack on someone’s computer resources to mine crypto without....
Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022.According to a mid-year update on cyber threats by American cybersecurity company SonicWall, global cryptojacking volumes rose by $66.7 million, or 30% in the first half of 2022 compared to the same period last year.Cryptojacking is a cybercrime whereby malicious actors commandeer a victim’s computer resources by infecting the machine with malware....
The malware campaign has not been active since it was first detected in January, leading researchers to believe that it "may still be in the reconnaissance and weaponization stage." Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking."Cryptojacking" is an industry term for stealth crypto-mining attacks that work by installing malware that uses a computer’s processing power to mine cryptocurrencies — frequently Monero (XMR) —....