Mining for cryptocurrencies is possibly one of the most resource-intensive processes you could run

Remember that ransomware frenzy?

It felt like it was everywhere for a while, but it looks like things are shifting. According to SonicWall’s latest data, ransomware attacks have actually been plummeting in 2023 – down 41% in the first half of the year!

So, what’s the new go-to for cybercriminals? That’s right, it’s cryptojacking.

Cryptojacking is when hackers use your computer’s resources to mine cryptocurrency without your knowledge or consent. Think of it like someone sneaking into your house and using your electricity to power their Bitcoin farm. Cryptojacking is on the rise. In fact, the number of attacks skyrocketed by 399% in the first half of 2023 alone according to SonicWall’s Capture Labs’ report.

But why the sudden surge? It seems like hackers are getting smarter. With ransomware under fire from law enforcement and security experts, they’re switching to tactics that are harder to detect.

Cryptojacking ticks all the right marks on an adversary’s checklist – it’s silent, subtle, and can be quite profitable.

So, who’s getting hit the hardest? Unfortunately, everyone is a potential target. But the biggest increases are seen in North America (up 345%) and Europe (a whopping 788%!). Even specific industries like healthcare and education aren’t safe, with attacks growing by 69x and 320x respectively.

But this is not meant to scare you! We’re not here to spread fear, just awareness. So here are a few things you can do to stay protected from cryptojacking:

• Keep your software updated: This includes your operating system, web browser, and anti-malware, or antivirus software. Outdated software is a haven for security vulnerabilities.
• Beware of suspicious links and attachments: Don’t click on anything you’re not sure about, even if it looks like it comes from someone you know.
• Use strong passwords and enable two-factor authentication: This makes it much harder for hackers to break into your accounts.
• Invest in a good security solution: A well-rounded security solution can help protect you from a variety of threats, including cryptojacking.

Remember, staying vigilant is key. By taking these simple steps, you can significantly reduce your risk of falling victim to cryptojacking. And if you’re still feeling uneasy, feel free to reach out to us! We’d be happy to answer any questions you have and help you stay safe in this ever-evolving digital landscape.

Be CyberSafe!