Tuesday, May 7, 2019

Word of the Day: cryptojacking

Word of the Day WhatIs.com
Daily updates on the latest technology terms | May 7, 2019
cryptojacking

Cryptojacking is the surreptitious and unauthorized use of a computer for the resource and power-demanding requirements of cryptocurrency mining. The attack essentially creates a cryptomining bot, and the attacker may coopt many systems to create a botnet.

Hackers can use a variety of techniques for cryptojacking. Originally, cryptojacking involved infecting a target system with malware. More recently, however, in a common JavaScript-based method, the attacker creates content that automatically runs cryptomining software in users' browsers when they visit the page hosting it. The attacker may create the content for the purpose of cryptojacking or may compromise an existing site.

In another twist on the practice, researchers for Chinese cybersecurity vendor Qihoo 360's Netlab team recently reported that an ad network was running cryptomining software in the browsers of unsuspecting users who visit the advertisers' websites. Because programmatic advertising places ads automatically, site owners have little control over the issue. The malware used domain generation algorithms (DGAs) to bypass ad blockers and serve ads to all site visitors.

Cryptojacking techniques have been proposed for beneficial uses as well, such as providing a revenue stream for sites and services or crowdfunding for disaster relief efforts. Nevertheless, from the perspective of end users and network administrators, cryptojacking is primarily a drain on processing and power resources.

Quote of the Day

 
"Criminal hackers are usually several steps ahead of everyone else, and the rise of cryptojacking is the perfect example -- so IT must take preventative measures." - Kevin Beaver

Learning Center

 

Enterprise security threats rising, consumer attacks falling
According to a recent Malwarebytes report, enterprise security threats are rising steadily. Learn what's driving this trend and how to defend against malware attacks.

How can IT prevent mobile cryptojacking on devices?
With mobile cryptojacking on the rise, system administrators must know the necessary procedures to address these attacks. Following these steps can ensure that users' mobile devices are protected from any criminal hacker.

How hackers use Docker APIs for cryptojacking
Exposing Docker APIs via remote access can enable hackers to abuse them for cryptojacking. Learn how Docker is misused for cryptojacking attacks.

Cryptojacking emerging as a new threat to healthcare
Hospitals have grown accustomed to cyberattacks like ransomware, but a new threat called cryptojacking is emerging as a way for criminals to get money from unknowing victims.

Cryptojacking: How to navigate the bitcoin mining threat
The rising value of bitcoin has led to an increase in cryptojacking incidents, as they are used to mine bitcoin. Learn how this is possible with Nick Lewis.

Quiz Yourself

 
Many organizations don't give encryption a thought until they suffer a data _______.
a. breach
b. breech

Answer

Stay in Touch

 
For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com

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