Summary: Cryptojacking is a stealthy form of cybercrime that hijacks an organization’s computing power to mine cryptocurrency without detection, leading to significant financial costs and performance issues. With attacks surging by 659% in 2023, organizations must adopt proactive defenses to remain vigilant against this rising threat. By implementing continuous monitoring and validation, businesses can better protect their resources from the hidden dangers of cryptojacking.
Affected: Various organizations across industries including tech and healthcare
Keypoints :
- Cryptojacking attacks are increasingly difficult to detect and have grown significantly, causing inflated costs in cloud environments – for every mined, companies incur in cloud expenses.
- Attackers typically exploit vulnerabilities via drive-by downloads, phishing, unpatched systems, and containerized environments to embed cryptomining scripts.
- To combat cryptojacking, organizations should utilize endpoint protection, network and cloud monitoring, and implement continuous security validation to strengthen their defenses.