window._mfq = window._mfq || []; (function() { var mf = document.createElement("script"); mf.type = "text/javascript"; mf.async = true; mf.src = "//"; document.getElementsByTagName("head")[0].appendChild(mf); })();
407-478-6600    Get SUPPORT

TaylorWorks Blog

Cryptomining is Inspiring Cybercrime

Cryptomining is Inspiring Cybercrime

Blockchain technology is mainly known for its use with cryptocurrencies. Even though the values of cryptocurrencies have leveled off after the incredible growth it has sustained over the past few months, users are still attempting to use cryptocurrencies to make a little bit of extra cash on the side. Of course, if there is money involved, you can bet that there will also be criminals and shady activity surrounding it.

Criminals love to take advantage of cryptocurrencies due to how much they value anonymity. Unfortunately for hackers, mining cryptocurrency legitimately can be expensive and take a long time. You even need dedicated computer hardware in order to do it, which creates substantial costs, like an increase in your power bill.

Due to how difficult it can be to mine cryptocurrency, a new threat called crypto-jacking has popped up. This type of malware hides on a user’s device and steals its resources for the purposes of mining cryptocurrency. This can lead to devastating results--a higher electric bill, lower device performance as a whole, and more wear and tear on your device’s components. This type of malware only works if the device accesses a compromised website. In the past, this threat would only work if the device remained on the website during the duration of the attack, but hackers have since found ways around this. Some infected websites have gotten so crafty that they can hide a pop-up behind the computer’s task bar, where it can remain for as long as the hacker needs it to.

Crypto-miners are also known for spreading this hidden code to all kinds of websites themselves, as well as through malicious browser extensions. This type of malware is has been found on a broad variety of different websites, like the United States Courts, the United Kingdom’s National Health Service, and the Australian state governments of Victoria and Queensland. It was found in a text-to-speech translation plugin used on these sites. Consequently, the developer of this plugin removed it from all sites as soon as it was discovered.

It’s incredibly important that your business pays attention to these kinds of events and trends, as they could create considerable issues for your organization’s operations. If you’re paying a lot of money for your business’ Internet solution, then hackers are taking advantage of all your bandwidth to pull a fast one on you. Cryptocurrency mining is one of those tasks that takes its toll on even the most powerful hardware, making it likely to shorten your technology’s lifespan. This ultimately costs your business in more ways than one.

Thankfully, there are ways that you can combat these attacks. Some browsers are incorporating anti-cryptocurrency measures, and some antivirus programs are making strides toward straight-up blocking crypto-jacking attempts in the first place. Furthermore, there are some extensions that also block crypto-mining and crypto-jacking scripts entirely.

TaylorWorks can help you make sure that your IT solutions are running optimally, as well as securing your organization’s network from potential attacks. To learn more, reach out to us at 407-478-6600.

Know Your Tech: Safe Mode
Understanding the New NIST Guidelines for Password...


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Wednesday, February 20 2019
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Tag Cloud

Tip of the Week Security Technology Network Security Best Practices Cloud Business Computing Privacy Data Backup Hosted Solutions Managed IT Services Hackers Data Recovery Malware Mobile Devices VoIP Google Email Data User Tips Outsourced IT Tech Term Internet of Things Innovation Cloud Computing Backup Productivity Internet Microsoft Communications Hardware Business Continuity IT Services Saving Money Business BDR Cybersecurity Efficiency Software Artificial Intelligence Smartphones Communication Small Business Ransomware Smartphone IT Support IT Support Router Managed IT Services Disaster Recovery Cybercrime Android Network Applications Business Management Windows 10 Gadgets Browser Workplace Tips Chrome How To Computer Mobile Device Collaboration Law Enforcement Managed IT Phishing Data Security Virtualization Spam Data Protection Mobile Device Management Information Holiday Server Money Mobility Two-factor Authentication Encryption Proactive IT BYOD Windows Word Access Control Business Intelligence Blockchain Save Money Computers Office 365 Training Avoiding Downtime Miscellaneous App Remote Monitoring Redundancy Upgrade IT Management Facebook Social Media Connectivity Private Cloud Telephone Systems Voice over Internet Protocol File Sharing Automation Software as a Service Wi-Fi Machine Learning Document Management Identity Theft Bandwidth Managed Service Passwords Alert Apps Compliance Servers Productivity Social Engineering Firewall Analysis Vulnerability Settings VPN Infrastructure Google Drive Mobile Computing Google Docs Healthcare Data Breach Flexibility Solid State Drive Password Information Technology Spam Blocking Business Owner IT Plan Education Bring Your Own Device Windows 7 CES Sports Comparison Value Operating System Telephony Keyboard Unsupported Software Data Storage Content Management Business Technology Work/Life Balance Save Time Credit Cards Networking Update Hacker Paperless Office Unified Threat Management Smart Tech Microsoft Office Virtual Assistant Botnet Budget Workers Health Scam Fraud Big Data Human Resources Website OneNote Telephone System Data loss Employer-Employee Relationship Audit Social Hacking Mobile Content Filter webinar E-Commerce Instant Messaging Search Engine Worker Commute Amazon Fiber-Optic Nanotechnology Knowledge Line of Business File Versioning HIPAA Staff Computer Care Battery Windows Server 2008 Telecommuting Practices Safe Mode Employee Legal Entertainment Screen Mirroring Criminal Wire Emails Printer Accountants Wireless HVAC Vendor Professional Services Password Manager Storage Hard Drives Conferencing Camera USB HBO Samsung Bing Sync Amazon Web Services Cables Windows 10 Network Congestion MSP Multiple Versions Remote Computing Digital Signature Electronic Health Records Mouse Remote Work Hosted Computing Computing Infrastructure Downtime Digital Signage Cast Charger Enterprise Content Management Computer Fan Display Data Management Tools Business Mangement Recovery Outlook Help Desk Online Shopping Unified Communications Devices Electronic Medical Records Public Cloud IT Consultant Remote Worker Restore Data Multi-Factor Security Administrator Regulations Inventory Augmented Reality Google Search Government Smart Office Cortana Wireless Technology IoT Password Management FENG Security Cameras Root Cause Analysis Gmail Addiction Virtual Private Network Frequently Asked Questions Specifications Strategy YouTube Windows 10s Shortcuts Skype Evernote Theft Thought Leadership Managed Service Provider Leadership Wiring Backup and Disaster Recovery Software Tips Trending Microchip Patch Management The Internet of Things End of Support Proactive Risk Management Marketing Netflix Millennials NIST Employee/Employer Relationship Meetings Recycling Cache Project Management Excel SaaS Office Tips eCommerce Start Menu Wireless Charging Google Apps Streaming Media PDF GDPR Physical Security Lifestyle Virtual Reality Flash Authentication Current Events Remote Monitoring and Maintenance Data Warehousing WiFi Students Technology Tips Cleaning Tip of the week Workforce Insurance Cryptocurrency HaaS Smartwatch Travel Users eWaste Wireless Internet Warranty Black Market Content Filtering Managing Stress Files Customer Service Computer Accessories Wearable Technology Transportation Two Factor Authentication Advertising Video Games Mobile Office Office Books Domains Colocation CrashOverride Regulation Vendor Management History Assessment Automobile Bluetooth How to Benefits Search Relocation Public Speaking Best Practice Webinar Presentation Television Techology Twitter Printers Troubleshooting Lithium-ion battery Humor Smart Technology Scalability Emergency Internet Exlporer IT solutions 5G User Error Public Computer Tech Support Worker Shadow IT Hosted Solution Safety Loyalty IBM Hybrid Cloud Experience Net Neutrality Content Hiring/Firing Rootkit Competition Company Culture Customer Relationship Management Employer Employee Relationship Music Utility Computing Fun Internet exploMicrosoft ISP Politics IP Address Quick Tips Audiobook

Mobile? Grab this Article!

QR-Code dieser Seite