Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.
Latest Cryptojacking News
Cryptojacking involves illicitly using computing power to mine cryptocurrency. It is typically achieved through malware injected into a network of devices to consume resources without permission.
Cryptojacking can degrade system performance, resulting in slower processing speeds and higher electricity use. Furthermore, cybercrime raises security concerns since it allows illegal access to sensitive data on infected devices.
Strong cybersecurity measures, such as ad blockers, firewall configurations and the installation of credible antivirus programs, should be adopted to prevent cryptojacking.
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Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.
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Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign.
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The cybersecurity firm predicted that crypto-related cybercrime won’t slow down in 2023, but it will move on from Bitcoin as a source of payment.
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Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised.
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Bad actors using malware to steal GPU power to mine crypto may have to up their game to deal with Google Cloud's latest security protocol.
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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."
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Is cryptojacking still an underrated threat?
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The surrounding threat level is low, but there are fears it could increase.
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Who said browser-based cryptojacking was dead?
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Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers.
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Cybersecurity researchers now expect future cryptojackers to mimic this worm’s ability to hack Amazon Web Services credentials.
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BlackBerry exec believes that many businesses don’t have a great visibility about the combination of crypto mining apps with malware.
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A new Microsoft report states that India encounters the second-highest number of cryptojacking incidents in the APAC region.
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Cisco Systems says a new botnet mines Monero and steals data from the victims.
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