Cryptomining replaces ransomware as most popular cybercrime malware

New Delhi: Skybox Security, a global cybersecurity management player’s latest mid-year 2018 vulnerability and threat trends update report by its Skybox Research Lab has found that cryptomining is replacing ransomware as the cybercriminal tool of choice with cryptomining malware. In the last six months of 2017, ransomware accounted for 32 percent of attacks, while malicious cryptominers accounted for seven percent. By the first half of 2018, the figures had switched almost exactly: malicious cryptominers accounted for 32 percent of attacks while ransomware dropped to eight percent. “In the last few…

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