Alastair Marsh from Bloomberg had released a statement saying that computer hijacks in order to mine crypto currencies has now overtaken ransomware to take the title of biggest cybercrime threat. This statement, however, was true only in Africa, Turkey, and the Middle East, and was found in a research conducted by Kaspersky Lab. Everywhere else, however, ransomware removal tends to be the top of everyone’s priorities.
The research that was conducted by this Russian ransomware removal and the cyber security firm found that crypto attacks were seen to rise by four times in the above-mentioned regions. Previous year’s figures were seen to stand at 3.5 million whereas they have now been recorded to stand at nearly 13 million instances! If this is truly the case, then we are sure people in these regions aren’t worried anymore about ransomware removal!
It was found that cyber criminals were using malware sources in order to gain access to a plethora of computers that were using crypto currencies for their daily affairs. These cyber criminals were said to have acquired massive processing powers in order to unlock new types of Monero coins. These systems had the processing power to unleash a whole epidemic of malicious software upon the world.
The spokesperson for this cyber security company even released a statement where they were of the opinion that crypto currencies were being used a lot in the META region. Whether this was the reason for the immense number of attacks or these individuals were just too vulnerable to the technological sources of their attackers – it is still unknown.
Such crimes are increasing because “mining is silent and causes less impact that ransomware, making it less noticeable.” Well, the sun hadn’t set on one problem and the dawn of a new infestation is on the rise. We better gear up folks!