HelpNetSecurity.com reported that “Cryptojacking is a
breach where malware is installed on a device connected to the
internet (anything from a phone, to a gaming console, to an
organization’s servers). Once installed, the malware uses the
hijacked computing power to “mine” cryptocurrency
without the user’s knowledge.” The December 6,
2019 article entitled “The hidden risks of cryptojacking
attacks” includes these comments:
Unlike phishing or ransomware attacks, cryptojacking runs
nearly silently in the background of the victim’s device, and
as a result the increase in cryptojacking attacks has flown mainly
under the radar.
Yet, new studies suggest that attacks of this type have more
than tripled since 2017, generating concern as these undetected
breaches siphon energy, slow down performance of systems and expose
victims to additional risk.
