Cryptojacking

What is cryptojacking?

Cryptojacking is a type of cyberattack in which hackers infiltrate a user’s device and secretly use computing resources to mine cryptocurrencies. Cryptocurrency mining demands significant computing power, but offers hackers the reward of earning cryptocurrency or traditional currency. While cryptojacking occurs without the knowledge of the victim, it often diminishes the performance of the infected device, causing it to run slowly, crash, or heat up. Cryptojacking continues to rise in popularity with the growth of digital currencies. Cryptojacking schemes often begin with a phishing email.

Cryptojacking and phishing prevention

 

How to prevent cryptojacking attacks

Cryptography was one of the buzzwords of 2018. In a few months, cryptojacking, or the mining of malicious cryptocurrency, was propelled to the top of the IT threats, even surpassing the ubiquitous ransomware in volume. 

No system is truly 100 percent secure, which is why managed service providers (MSPs) need to address the elephant in the office that is responsible for many security breaches—end users. The training and education you provide today could end up saving all parties involved a fortune.

About Vade

Vade for M365 is powered by a collaborative AI engine that continuously learns from an alliance of more than 1.4 billion protected mailboxes, millions of daily user reports, and a team of cybersecurity analysts. Combining AI-powered email security and integrated features that are made for MSPs, you’ll save time, reduce admin workload, and get more ROI from cybersecurity.

Learn more about Vade for M365 >