Cryptojacking is Dying, But What’s Coming Next is Even Worse

With shrinking profit margins and the closure of Coinhive, cryptojacking looks like it’s coming to an end. The in-browser Monero mining program was conceived as a means of legitimately monetizing web pages. Instead of plastering a web page with ads,…

IBM: Cybercriminals Are Moving On From Ransomware to Cryptojacking

IBM researchers have found that cryptojacking dominated the cryptocurrency cybercrime scene in 2018, overtaking ransomware attacks. Experts say the comparatively less intrusive and stealthy nature of malicious crypto-mining is the primary reason why it is fast becoming the attack vector of choice…

Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018

Did you know there have been 13 million cryptojacking incidents in 2018? Russian cyber-security firm Kaspersky Lab has released data that cryptojacking cases have gone through the roof rising 400% this year alone. Crypto-crime has been one of the most…

Cryptojacking Malware KingMiner Evades Detection to Mine Monero

A malware used to mine the Monero cryptocurrency is relying on constant improvements to avoid detection and increase the chances of success. According to researchers at Israeli cybersecurity firm Check Point Software Technologies, the malware which is known as KingMiner…

How Cryptojacking Software Evades Detection

Twitter Facebook LinkedIn The obfuscation capabilities of cryptocurrency mining malware creators are increasingly getting more and more sophisticated, according to cybersecurity researchers at Trend Micro. This is evidenced by a new cryptocurrency mining malware that the researchers came across which…

Cryptojacking Attack Forces University to Shut Down Entire Network

Twitter Facebook LinkedIn St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as…

Ransomware Overtakes Cryptojacking as Cybercriminals’ Favorite Weapon

Malwarebytes says ransomware attacks are the current favorite method of crypto hackers and cybercriminals. The cybersecurity outfit believes the continued decline in cryptocurrency prices, as well as the ease of detecting cryptojacking exploits, is the reason for the swing towards…