The ‘most dangerous threat of 2018’ and why we need to ‘slay the beast’

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.

 

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