The term “cyber breach” brings to mind customer data strewn across the internet, social security numbers permeating the dark web and major news headlines. While these types of far-reaching incidents are the most likely to generate concern for consumers and organizations, a recent study from the Internet Society’s Online Trust Alliance has flagged a new, growing risk that often lurks undetected in the background.
Cryptojacking is an emerging threat that parallels the rise of cryptocurrency, but has flown largely under the radar, both in terms of general public knowledge and awareness on the victim side. However, based on data from various industry sources, cryptojacking attacks have more than tripled since 2017, creating new concern about the rise in these types of incidents. And though cryptojacking waned in late 2018 as cryptocurrency prices fell, it has made a resurgence in 2019 along with the rising cryptocurrency prices.
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