Based on trends in the first half of 2018, Webroot found that cybercriminals are shifting to increasingly sophisticated and targeted means of attack while also expanding their money making endeavors, as shown by the uptick in cryptojacking and cryptomining.
There has been a massive shift from ransomware to cryptomining
- Malware in general, including ransomware and cryptomining, accounted for 52 percent of threats in the first half of 2018.
- Nonconsensual cryptomining (known as cryptojacking) uses the victim’s computer processing power to mine cryptocurrency. Cyrptomining at large is on track to consume an estimated three percent of the world’s electricity by 2020, according to block chain specialist Alex de Vries.