Cryptojacking news stories

Cyberattacks become more attractive and potentially more disastrous as dependence on information technology increases.

As the most common cloud operating system, Linux is quickly becoming an attacker’s ticket into a multi-cloud environment. 

Check Point Research is warning of a new variant of Phorpiex, a botnet known for sextortion and crypto-jacking.

Bitcoin's escalating valuation has made some criminal organisations and malicious individuals very wealthy. The impact of this growth in wealth may have a severe impact on the future threat landscape.

The cryptominer was recently discovered when attackers targeted internet-facing database servers (SQL servers), and the MrbMiner was downloaded and installed.

The malware, primarily targeting victims in Czechia and Slovakia, prioritises subterfuge through deployment of multiple techniques to avoid detection, and leans heavily on the Tor network and BitTorrent protocol to achieve its goals.

“In the cybersecurity industry the only certainty is that there is no certainty, and there is no single silver bullet solution.”

The incidence of cryptojacking has seen rapid growth and has emerged as a favourite strategy for hackers.

“In the financial services industry, as in many sectors, the security of client information is the most important asset."

Large-scale cryptojacking is a lucrative business due to the popularity and value of cryptocurrencies like Bitcoin and Ethereum.

The findings illustrate cybercriminals deviating towards a more focused approach against targets by using better obfuscation techniques and improved social engineering skills.

To be successful and remain undetected, shadow mining depends on deliberately configuring security systems to function incorrectly.

Symantec's report provides an overview of the threat landscape, including insights into global threat activity, cyber criminal trends, and motivations for attackers.

It is believed that the eight apps were likely developed by the same person or group.

This issue will only continue to grow as IoT forms the foundation of connected devices and smart city grids.

The report is based on data from active WatchGuard Firebox unified threat management appliances and covers the major malware campaigns.

The majority of users are unable to develop good cyber hygiene in line with the rapid rate of digitalisation that the APAC region is undergoing.

Xbash is data-destructive; destroying Linux-based databases as part of its ransomware capabilities.

Cryptomining is the newest cybersecurity threat dominating the headlines, but awareness of the attack method is still lacking among organisations.

Cryptojacking is the latest step in the evolution of malware monetisation methods.

Fortinet says there are indications that some cybercriminals now prefer hijacking systems and using them for cryptomining.

Carbon Black’s Rick McElroy asserts at the end of the day, cyberwar is not about systems but rather humans vs humans as they are the weakest link.

As well as viruses, trojans, worms and ransomware attacks, IT managers now have a new threat to worry about: cryptominers.

Cryptomining is increasingly outdoing ransomware in popularity but cybercriminals are running out of CPU, painting data centres as prime targets.