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Is Cryptocurrency-Mining Malware Due for a Comeback?

Data Breach Today

If Ransomware Should Decline as a Viable Criminal Business Model, What Comes Next? The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history.

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Will cryptocurrency mining soon saturate AWS, Microsoft Azure and Google Cloud?

The Last Watchdog

Related: Why cryptojacking is more insidious than ransomware. On the face, the damage caused by cryptojacking may appear to be mostly limited to consumers and website publishers who are getting their computing resources diverted to mining fresh units of Monero, Ethereum and Bytecoin on behalf of leeching attackers.

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FTX Collapse Highlights the Cybersecurity Risks of Crypto

eSecurity Planet

Ray has wasted little time in assembling a top-notch team, which includes an unnamed cybersecurity forensics firm. ” Also read : Web3 Cybersecurity: Are Things Getting Out of Control? Crypto can also be a way to leverage cybersecurity breaches. One way is through hijacking computer resources to mine cryptocurrencies.

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Sopra Steria hit by the Ryuk ransomware gang

Security Affairs

French IT outsourcer Sopra Steria hit by ‘cyberattack’, Ryuk ransomware suspected. French IT outsourcer Sopra Steria has been hit by a ransomware attack, while the company did not reveal the family of malware that infected its systems, local media speculate the involvement of the Ryuk ransomware. “A

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The Link Between Ransomware and Cryptocurrency

eSecurity Planet

There are few guarantees in the IT industry, but one certainty is that as the world steps into 2022, ransomware will continue to be a primary cyberthreat. The dangers from ransomware have risen sharply since WannaCry and NotPetya hit the scene in 2017, and this year has been no different. Cryptocurrency Fuels Ransomware.

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Zero Trust Speeds Ransomware Response, Illumio-Bishop Fox Test Finds

eSecurity Planet

From mass production of cheap malware to ransomware as a service (RaaS) , cyber criminals have industrialized cybercrime, and a new HP Wolf Security report warns that cybercriminals are adapting advanced persistent threat (APT) tactics too. The results were announced today at the Black Hat USA 2022 cybersecurity conference.

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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

Emerging threats Cybercrime often exploits precisely the lack of regulation and centralized controls of cryptocurrencies to deceive investors and embezzle funds through various forms of phishing, investment scams, digital wallet theft, ransomware, and illegal mining.