Cryptomining dethrones ransomware as top threat in 2018

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…

Websites Attack Attempts Rose in Q2

New data shows attackers are trying to sneak past malware scanners on websites using stealthy hacks such as cryptojacking and malicious JavaScript. Website security service provider SiteLock analyzed data from 6 million customer websites for the second quarter of 2018 and found that a website, on average, suffers 58 attack attempts per day – or…

Cybercriminals shift tools, tactics and procedures to improve infection rates

Trend Micro released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources. Cryptojacking attempts are making the biggest impact so far this year. Trend Micro recorded a 96 percent increase in cryptocurrency mining detections in 1H 2018…

Cybercriminals will gravitate to criminal activity that maximizes their profit

McAfee released its McAfee Labs Threats Report: June 2018, examining the growth and trends of new malware, ransomware, and other threats in Q1 2018. McAfee Labs saw on average five new threat samples every second, including growth in cryptojacking and other cryptocurrency mining malware, and notable campaigns demonstrating a deliberate drive to technically improve upon…

25% of companies affected by cloud cryptojacking

Cryptojacking has unquestionably gone mainstream. Despite heavy media and industry attention, organizations are struggling to meet compliance requirements in public cloud environments, according to RedLock. On the flip side, there’s evidence that companies are becoming more aware of cloud account compromises and implementing best practices to prevent attacks, but there’s still no shortage of new attack…