2018-7-19 23:11 |
Illicit cryptocurrency mining, or “cryptojacking,” has become more popular among cybercriminals than ransomware, according to a report by Skybox Security.
In its mid-year update, the firm said that crypto miners now account for 32 percent of all cyberattacks, while ransomware only makes up 8 percent.
Cryptojacking utilizes code hidden on websites or devices to harnesses victims’ computing resources such as their central processing unit and bandwidth to mine cryptocurrencies.
The Skybox report reveals a notable shift in the preferences of cyberattackers when it comes to choosing the tools of their illegal trade.
With high-profit opportunity and a low chance of being discovered or stopped, this malware tool provides a money-making safe haven for cybercriminals.”
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