Cryptojacking:Everyone is at risk
She also said the security implications of cryptojacking is at the moment of massive changes and few people have the ability to play catch-up when it comes to cyber criminals specializing on it because it is rapidly expanding to accommodate bitcoin and other virtual currencies. “People need to be as vigilant with different types of cryptojacking,” she said.Going forward, she’s certainly convinced that cybercriminals will organise themselves into as-a-service organisations, acting as foils to a cybersecurity industry where customers will increasingly take security products as a service to speed adoption and simplify administration. When it comes to cryptojacking, not even the new artificial intelligence based security tools and ransomware scanners, as well as better techniques for using digital certificates to certify legitimate tools, would be of any use as innovation in the cryptojacking evolves to fight ever more-complex solutions offered to counter it.As well as increasingly damaging cryptojacking attacks and exploitation of credentials stolen from users of travel sites, security researcher warned of an increase in cryptojacking attacks, and the impact of crypto currencies.Listening to her it was clear cybercriminals would increasingly use and refine adversarial machine-learning models to avoid detection by systems at target individuals and therefore machine learning models will need to evolve quickly to keep up with these threats by incorporating instance-based approaches.The value of cryptojacking will increase as security companies turn to machine learning-based solutions. As someone told me recently, websites have found a new way to make money from us using our computer to generate virtual currencies like bitcoin and everyone is at risk. In today’s world, the reality is that all individuals and organisations connected to the internet are vulnerable to cyber attack. The number, type and sophistication of attacks continues to grow and cryptojacking is just one of the latest addition.It isn’t only organisations that are under threat. Even individuals that don’t believe they have much to offer hackers are being targeted. So even if you think you’re a small target, you might still be at risk.