Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

July 25, 2025

MDT up over 170% in the last 24 hours, will the rally continue?

July 25, 2025

Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

July 25, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    Bitcoin Flashing Rare and Historically Bullish Signal, According to Analytics Firm – Here’s the Outlook

    July 25, 2025

    Roman Storm Trial: Is Coding A Crime? The Tornado Cash Court Battle Intensifies

    July 25, 2025

    Bitcoin Price in Danger Zone! What Happens If Whales Sell?

    July 25, 2025

    Trader Says Bitcoin Uptrend To Continue if Momentum Is Maintained, Unveils ‘Next Levels’ BTC Could Hit

    July 24, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025

    How Ethereum’s $600 mln whale exit exposed its DeFi’s hidden fragility

    July 25, 2025

    Ethereum turns 10! Celebrates with NFT torch and $75 mln trading volume

    July 25, 2025

    Whales stack ETH as sellers vanish: Ethereum to $4K, closer than ever?

    July 24, 2025

    Bitcoin Price to Drop Below $100K? Top Analyst Warns Of Sharp Fall

    July 25, 2025

    Analyst Unveils Massive Downside Targets for Top Ethereum Rival Solana, Updates Outlook on Bitcoin and Ethena

    July 25, 2025

    Ethena: What’s next after 8% ENA supply shifts to a single address?

    July 25, 2025

    Bitcoin STH Realized Price Chart Reveals Key Defense Zones Amid Volatility

    July 24, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025
  • DeFi

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Spark crypto price prediction – SPK rally not over yet?

    July 25, 2025

    what to expect from Ethereum’s Fusaka hard fork

    July 25, 2025

    SYRUP price spikes as whales buy dip, Maple AUM hits ATH

    July 24, 2025

    Polygon is down today, but charts say POL is gearing up for a rally

    July 24, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    NeoGo updates NeoGo to v0.110.0 with dynamic block time extension

    July 25, 2025

    Nigeria Courts Stablecoin Firms, Marking a Shift From Binance Crackdown

    July 25, 2025

    AILayer Collaborates with Veritas Protocol to Power Decentralized Applications Efficiency with Advanced AI Security

    July 25, 2025

    Active Campaign Exploits Cloud Flaws for Cryptomining

    July 24, 2025

    Accounting Firm Targeted by Malware Campaign Using New Crypter

    July 22, 2025

    Grok refuses to pick winner for Crypto Rover competition citing ZachXBT pump and dump evidence

    July 21, 2025

    XRP trading volume soars as new ATH attracts deepfake scam targeting investors

    July 18, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    Low Hemo Lands JazzJoyandRoy.com DJ Wife In Hospital

    July 25, 2025

    Railway Management System Market to Reach USD 95.14 Billion by 2030, Driven by Demand for Digital Rail Operations and Passenger Experience – Mordor Intelligence

    July 25, 2025

    Solana network boosts block capacity by 20% to enhance performance

    July 25, 2025

    Moonveil’s $MORE Token Hits All-Time High Amid Ecosystem Momentum

    July 24, 2025

    $NAKA’s Play‑to‑Earn Ecosystem Explained: Games, Catalysts, and Where It’s Headed

    July 25, 2025

    Axie Infinity Creator Sky Mavis Backs New BORA-Integrated Game on LINE NEXT App

    July 25, 2025

    Inside the IMX Ecosystem: Can Staking Sustain NFT Innovation on Immutable?

    July 24, 2025

    The case for how crypto can Stop Killing Games

    July 24, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    Citadel Securities Warns SEC Against Rushed Tokenized Securities Rollout

    July 25, 2025

    House recess over Epstein files standoff stalls crypto policy push until September

    July 25, 2025

    How KFC franchisees pushed the GENIUS bill forward

    July 25, 2025

    Crypto, fintech lobbies urge Trump to defend open banking amid big banks’ legal challenge

    July 25, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    Strategy lifts latest preferred stock sale to $2B for more Bitcoin buys

    July 25, 2025

    Ton Foundation seeking $400M to setup public treasury company to accumulate Toncoin

    July 25, 2025

    Brazilian firm VERT pioneers $130 million agribusiness tokenization on XRP Ledger

    July 24, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025
  • Analysis

    Ethereum ETFs outperform Bitcoin as institutional interest rises

    July 25, 2025

    Billionaire Mike Novogratz Says Ethereum Has a Chance To Outperform Bitcoin in Coming Months – Here’s Why

    July 25, 2025

    Top Altcoins To Buy Today As Crypto Market Cools

    July 24, 2025

    Morgan Stanley Predicts S&P 500 Index Will Hit Massive New All-Time High by Mid-2026 – But There’s a Catch: Report

    July 24, 2025

    PNC Bank CEO Says Company Will Provide Crypto Wallet for ’Any Coin’ That Clients Want To Use

    July 24, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Is Tokenization?

    July 11, 2025

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    WOO X suffers $14 million breach affecting 9 users, halts withdrawals

    July 25, 2025

    FTX creditors to receive next round of payouts by Sept 30

    July 24, 2025

    North Korean hackers linked to $44M CoinDCX breach

    July 24, 2025

    Coinbase starts CFTC-regulated perpetuals for US traders, offering 10x leverage and 0.02% fees

    July 23, 2025

    BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

    July 25, 2025

    MDT up over 170% in the last 24 hours, will the rally continue?

    July 25, 2025

    Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

    July 25, 2025

    BlackRock’s ETH ETF hits $10B milestone in record time! – Details

    July 25, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Security and Privacy»Ransomware Out, Cryptojacking In – Infosecurity Magazine
Ransomware Out, Cryptojacking In - Infosecurity Magazine
Security and Privacy

Ransomware Out, Cryptojacking In – Infosecurity Magazine

April 17, 2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptojacking Attacks Surge in 2017, Symantec Report Finds

A recent report from Symantec revealed a startling 8,500% increase in cryptojacking attacks in 2017, largely driven by the surge in cryptocurrency values. The United Kingdom ranked as the fifth highest country globally for coin-miner detections, experiencing a staggering 44,000% increase.

The Rise of Cryptojacking

With a minimal barrier to entry, cyber-criminals are taking advantage of the simplicity of cryptojacking, requiring only a few lines of code to exploit stolen processing power and cloud CPU usage from both consumers and enterprises. The repercussions of these attacks can range from slowing down devices and overheating batteries to rendering devices completely unusable. For businesses, coin-miners can pose a threat to corporate networks and inflate cloud CPU usage, resulting in additional costs.

Furthermore, Symantec identified a 600% increase in IoT attacks in 2017, highlighting the vulnerability of interconnected devices that can be exploited by cyber-criminals for mass mining operations.

Adapting to the Threat

Darren Thomson, CTO and VP EMEA at Symantec, emphasized the need for individuals and organizations to enhance their security measures to combat these evolving threats. “Attackers could be co-opting your phone, computer, or IoT device for their own profit,” Thomson warned. Without adequate defenses, users risk paying the price for someone else using their devices for malicious purposes.

Shifting Trends in Cybercrime

While ransomware attacks persisted in 2017, Symantec noted a decrease in the number of ransomware families and lower ransom demands. The report suggested that many cyber-criminals may have shifted their focus to coin mining as a lucrative alternative, especially with the high values of cryptocurrencies. Additionally, some established ransomware groups have diversified their tactics, with a resurgence in online banking threats.

See also  Infosecurity Magazine Cybersecurity Online Summit

Although the average ransom demand dropped to $522 in 2017, the number of ransomware variants increased by 46%, indicating the productivity of established criminal groups. However, the decrease in ransomware families suggests a shift in focus towards new, higher value targets.

Mobile Security Concerns

Threats in the mobile space continued to escalate, with a 54% increase in new mobile malware variants. Symantec reported blocking an average of 24,000 malicious mobile applications daily, attributing the prevalence of older operating systems as a contributing factor – only 20% of devices are running the latest version of Android.

Mobile users also face privacy risks from ‘grayware’ apps, which may not be entirely malicious but can still pose issues. Symantec found that 63% of grayware apps leak the device’s phone number, indicating a growing concern. With a 20% increase in grayware in 2017, Symantec anticipates this problem will persist.

Overall, the report underscores the importance of staying vigilant against evolving cyber threats and implementing robust security measures to safeguard against the rising tide of cryptojacking and other malicious activities.

Cryptojacking Infosecurity Magazine Ransomware
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Active Campaign Exploits Cloud Flaws for Cryptomining

July 24, 2025

Accounting Firm Targeted by Malware Campaign Using New Crypter

July 22, 2025

Grok refuses to pick winner for Crypto Rover competition citing ZachXBT pump and dump evidence

July 21, 2025

XRP trading volume soars as new ATH attracts deepfake scam targeting investors

July 18, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Netflix Readying FTX Series, Julia Garner in Talks to Play Caroline Ellison

May 5, 2025

ECB Says Digital Euro Critical to Safeguard Europe’s Monetary Autonomy

March 23, 2025

‘OpenSeason’ Crypto Game Goes Offline as Devs Pivot to Gambling on Nudity

July 9, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion

July 25, 2025

MDT up over 170% in the last 24 hours, will the rally continue?

July 25, 2025

Crypto Market Cap Drops Over 6% as Bitcoin, ETH and XRP Enter Red — What’s Going On?

July 25, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.