As-a-Service tools dominate the cyber threat landscape
Malware-as-a-Service (MaaS) and Ransomware-as-a-Service (RaaS) tools now make up the majority of malicious tools in use by attackers, according to a new study.
The report from Darktrace shows malware loaders (77 percent of investigated threats) are the most common tool, followed by cryptominers (52 percent), and botnets (39 percent).
Sustainable mining and bitcoin -- the green revolution
In the realms of cryptocurrency, a pressing concern has taken center stage: the environmental ramifications of Bitcoin mining. With the escalating popularity of digital currency, heightened awareness about its carbon footprint has spurred a closer examination of sustainable mining practices.
Embark with us on a journey delving into the intricacies of sustainable mining, exploring the potential for a transformative green revolution within the realm of Bitcoin.
Microsoft slaps cryptomining ban on Azure users
Microsoft has updated the Universal License Terms for Online Services that apply to Azure to indicate that the service cannot be used to mine cryptocurrency.
The change appears in the Acceptable Use Policy section of the license terms that apply to all Microsoft Online Services, but the ban is not an outright one. While the criteria have not been revealed, it seems that there are circumstances in which the company may be willing to lift the ban on cryptomining.
Cryptojacking malware sees a 230 percent increase in 2022
Crypto mining has become incredibly popular with cybercriminals over the past year, growing by 230 percent. It's not hard to see why as it's expensive in terms of machinery and energy consumption, so if you can cryptojack someone else's machine to do it there are healthy profits to be made.
New research from Kaspersky shows that despite the 'crypto winter' which has seen the value of cryptocurrencies drop significantly and the cryptocurrency industry facing a liquidity crisis, criminal activity targeting the crypto industry doesn’t seem to be slowing down.
Google cloud hacks mostly used for illegal cryptomining
New data from AtlasVPN shows that 86 percent of hacked Google Cloud accounts are used for illegal cryptomining.
Besides cryptojacking, other uses of compromised accounts include conducting port scanning of other targets on the Internet, occurring 10 percent of the time after a Google Cloud compromise.
PNY LX2030 and LX3030 SSDs are optimized for Chia (XCH) cryptocurrency plotting
Cryptocurrencies, such as Bitcoin, are wildly popular these days. Whether or not it's smart to invest in these digital currencies is up for debate. Of course, the same can be said about any investment -- including stocks. With that said, cryptocurrency volatility can cause you to lose a lot of money. Still. some people have become very wealthy with crypto. Ultimately, your mileage may vary.
Unfortunately for some cryptocurrency investors, many of the coins are being vilified for their negative impact on the environment. If you aren't aware, "mining" many of these cryptocurrencies, such as Bitcoin, require computers with high-end graphics cards that use a lot of electricity. Elon Musk even famously tweeted Tesla would stop accepting Bitcoin due to the horrific environmental impact.
Cryptomining impacts 69 percent of organizations
In a new report into DNS security, Cisco Umbrella, which processes 620 billion DNS requests daily, finds that from January to December 2020 cryptomining generated the most DNS traffic out of any individual threat category with 69 percent of organizations discovering cryptomining connections.
In addition nearly 90 percent of organizations had at least one user attempt to connect to a phishing site, peaking drastically in the second half of the year.
NVIDIA is crippling the crypto-mining capabilities of some GPUs
As cryptocurrencies such as Bitcoin and Ethereum become more and more mainstream, there is growing interest in not only investing in crypto, but also mining for it. It is increasingly popular for the "spare" processor power of GPUs to be put to this very use, but NVIDIA is clamping down.
The graphics card maker is deliberating limiting the mining capabilities of its latest GeForce RTX 3060 GPUs, saying "GeForce is made for gaming". But it is not all bad news for fans of crypto-mining; the company is also launching a new NVIDIA CMP (Cryptocurrency Mining Processor) line.
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