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Increased security measures and awareness are driving cybercriminals to change their techniques in search of a better return on investment, ditching ransomware and malware-based attacks for cryptojacking attacks, according to a new study by IBM. Malicious coin-mining or cryptojacking is the act of installing a cryptocurrency miner on...
In 2018, Kaspersky Lab recorded a 4-fold increase in cryptomining attacks in the Middle East, Turkey and Africa (META) region from 3.5 million in 2017 to 13 million this year, the firm said on December 14. The increase in cryptomining attacks in META comes at a time when digital threats...
Cybersecurity company Trend Micro has revealed that between January and July 2018, its researchers detected unauthorized crypto mining attacks – also known as ‘cryptojacking’ - at a rate nearly 1000 percent higher than in the second half of 2017. The information was revealed in the company's H1 2018 report...