What Exactly Is ‘Cryptojacking’, And How Can Businesses Respond To The Spiralling Cyber Threat?

Earlier this month, the UK National Cyber Security Centre (NCSC) published a report listing ‘cryptojacking’ as one of the biggest cyber threats facing UK businesses. But what exactly is cryptojacking, and how can technology be properly leveraged to protect businesses from this spiralling threat? Ben Williams, Director of Operations at Adblock Plus explains.

“Cryptojacking is the act of secretly using another’s computing device to mine digital currencies. To create new digital coins, miners must solve complex computational problems, requiring large volumes of computing power, energy and capital. By hacking into another’s computer however, attackers can bypass these barriers, and create new currencies with far less effort and costs.”

Learn more about cryptojacking and how you can prevent your organization from falling victim to this threat on Information Security Buzz.

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