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Ransomware displaced by cryptojacking as the most trending cyberthreat but it is not dead yet
For those of you who have experienced the worst of Ransomware attacks in the form of WannaCry and Petya and believe that the worst is over; you never know what may await you on the other side of this New Year. While the recent threat analysis reports by Quick Heal Security, Labs suggest a significant decline in Ransomware attacks, it cannot be considered dead yet. In fact, the reason for this significant decline in Ransomware attacks can instead be attributed to the substantial growth in Cryptojacking or Cryptocurrency mining malware. One such prominent malware and threat distributor of 2018 being Emotet – a highly sophisticated cryptocurrency mining and banking Trojan. Well, the price of digital currencies has grown exponentially over the past couple of years, which is one major reason for cybercriminals to dramatically shift their attention to cryptojacking. Besides, it is less risky and a comparatively simpler & secretive means of mining illicit money, till the time the infection is discovered.
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