Cryptomining impacted 37% organisations worldwide

Bangkok: While ransomware attacks declined in 2018, crypto miners dominated the malware landscape and impacted 37 per cent organizations worldwide, Israel-based cybersecurity solutions provider Check Point Software Technologies said in a report here on Tuesday.

According to “Check Point’s 2019 Security Report”, despite a fall in the value of all cryptocurrencies, 20 percent of the companies continued to be hit by cryptomining attacks every week. In 2018, cryptominers occupied the types of top four most prevalent malware. On the other hand, ransomware usage fell sharply in 2018, impacting just 4 per cent of organizations globally.

“From the meteoric rise in cryptomining to massive data breaches and DDoS attacks, there was no shortage of cyber-disruption caused to global organizations over the past year,” Peter Alexander, Chief Marketing Officer of Check Point Software Technologies, said in a statement. “These multi-vector, fast-moving, large-scale ‘Gen V’ attacks are becoming more and more frequent, and organizations need to adopt a multi-layered cybersecurity strategy that prevents these attacks from taking hold of their networks and data. (IANS)

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