You attempt to log on to your computer, but it is
non-responsive. Other users are also having trouble logging on. The
system becomes so slow that it is non-functional. Is it an
encryption attack? Is there some sort of malware affecting the
network that will result in some form of extortionate demand? Or is
it something else? Could it be that someone has
“cryptojacked” the network?
What is “cryptojacking”?
“Cryptojacking” is the unauthorized access to and
acquisition of computer network resources to create cryptocurrency,
like BitCoin, Ethereum, or Monero. Cryptocurrency must be created
– or “mined” - by using significant computing
power to crunch complex algorithms. Cyber criminals prefer to mine
cryptocurrency with anonymity and steal the computing power of
others in the process. Cryptojacking has become a serious
cybersecurity threat because it involves malicious actors
penetrating an enterprise environment, deploying malware that
“mines” the cryptocurrency –