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Cryptojacking, as defined by the Federal Trade Commission , is the use of JavaScript code to capture cryptocurrencies in users’ browsers without asking permission. There’s a temptation to dismiss it as a mere nuisance; companies deep into ‘digitaltransformation,’ in particular, might be lulled into this sort of apathy.
Cisco Talos researchers have uncovered a malware campaign targeting Ukraine’s IT Army , threat actors are using infostealer malware mimicking a DDoS tool called the “Liberator.” Liberator is advertised as a DDoS tool to launch attacks against “Russian propaganda websites.” ” continues the report.
The increased reliance on decentralized connection and the continued rapid expansion of digitaltransformation by enterprises, small to medium-sized businesses (SMBs) and individuals, provided cybercriminals with many opportunities to exploit and capitalize on unsuspecting businesses and individuals. Cryptocurrency.
Ransomware has already been combined with distributed denial-of-service (DDoS) attacks , and Manky notes that ransomware could see the addition of wiper malware, “which could not only wreck data but destroy systems and hardware. Cryptocurrency is the Wild West of the digital world today.
Software is now central to the operation of our economy – as digitaltransformation washes over every industry. And yet, the awareness of cyber security risks – from phishing and social engineering attacks to software supply chain compromises – remains low.
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