Trends Report

Protect Your Business From Parasitic Cryptomining

The Cryptocurrency Gold Rush Is Fueling New Cybercrime And Enterprise Risk

March 30th, 2018
Joseph Blankenship, VP, Research Director
Joseph Blankenship VP, Research Director
Jeff Pollard, VP, Principal Analyst
Jeff Pollard VP, Principal Analyst
Josh Zelonis, null
Josh Zelonis
With contributors:
Stephanie Balaouras , Andras Cser , Elsa Pikulik , Peggy Dostie

Summary

Cryptocurrency values have soared to astronomical, unsustainable, gold-rush levels, and like any gold rush, this one has attracted its share of bad actors and parasites. Cryptomining — adding transactions to a public ledger and releasing new currency — requires an enormous amount of compute power, so cybercriminals and other unscrupulous opportunists seek to use your enterprise compute power to unlock this wealth — at great expense and risk to you.

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