Cryptojacking (or malicious cryptocurrency mining) is when threat actors hide in your system and use its resources to secretly mine different forms of online currency. It can infiltrate and infect all devices, including desktops, laptops, smartphones, and even network servers. The malicious crypto miners exploit the host systems’ processing power to access cryptocurrencies and then transfer them into the attacker’s account.
of Millennials find cryptocurrency as a safe asset
is the total confidence of people towards cryptocurrency
is the increase in Cryptocurrency theft since 2020
is the increase in crypto mining malware last year
Cryptojacking is a malicious scheme to hijack people’s devices such as computers, smartphones, tablets, or even servers. The attackers use these devices and their internal functions for the secret mining of cryptocurrency. These malicious miners often enter your systems through web browser downloads or rogue mobile apps.
Two major ways hackers use for cryptojacking activities are:
In most cases, the cryptojacking victims do not suspect anything. They use their device knowing nothing and usually notice a slight lag in the performance. By the time one finds out the real deal, it’s already late. You can prevent these damages by appointing cyber security managed services for your business.
Let’s dive a bit deeper and see the strategies these attackers use to infiltrate your systems.
According to the leading experts from major cyber security managed services, the following are the key strategies hackers use for secret crypto mining:
Many organizations nowadays are putting their hands in the crypto business. They are all under the radar of Cryptojacking attacks. Although you can protect your business from malicious crypto mining activities. The following are some ways to do it:
Furthermore, you can add anti-mining web extensions to your web browser. This can detect mining scripts hidden among websites or ads. Eventually, it will reduce the chances of script injection into your system.