In our call of the day, he expands on what he believes is the most dangerous threat in 2018: illicit cryptomining, or “cryptojacking” That’s when hackers sneak crypto mining software onto corporate networks, PCs and other devices.
“The implications of illicit cryptomining are profoundly frightening,” Bloomberg wrote in a piece for Forbes. “Because this type of cyberattack is ‘relatively’ benign — for certain definitions of ‘relatively’ — it’s positioned to run amuck, taking over computers, networks, data centers and cloud environments around the world.”
He says there are many different criminal pursuits that can leverage mining — tax evasion, money laundering and funding terrorism, for instance — but it is illicit mining is “the most nefarious of all criminal motivations.”
Read the entire article at https://www.marketwatch.com/story/the-most-dangerous-threat-of-2018-and-why-we-need-to-slay-the-beast-2018-03-12.