// THREAT DETECTION AND DATA PRIVACY TERM

Cryptojacking

Cryptojacking is when a cybercriminal secretly uses your computer, tablet, or smartphone's processing power to mine cryptocurrency without your permission, often making your device run slower or consume more energy.

Cryptojacking — illustration from Wikipedia
Image via Wikipedia

TECHNICAL DEFINITION

Cryptojacking is a cyberattack where threat actors surreptitiously compromise a victim's computing device (e.g., PC, server, mobile) by injecting malicious code (often JavaScript or malware) to illegally mine cryptocurrencies like Monero, leveraging the victim's CPU/GPU resources for illicit profit without consent.

BACKGROUND

Kaseya Limited is an information technology company headquartered in Miami. Kaseya develops software for network monitoring, system monitoring, and other information technology applications, selling primarily to managed service providers (MSPs) and internal IT departments. MSPs, which provide outsourced IT services to small and medium businesses, use Kaseya products in their companies and resell the products to their customers. Kaseya is majority-owned by private equity firm Insight Partners and owns the naming rights to the Miami Heat arena, Kaseya Center. It was founded in 2000. A ransomware attack on Kaseya VSA software caused downtime for some Kaseya customers and downstream organizations in July 2021.

READ MORE ON WIKIPEDIA

SYNONYMS & ALIASES

  • Crypto mining hijack
  • Illicit crypto mining
  • Unauthorized crypto mining
  • Drive-by mining
  • Browser mining attack

USAGE NOTE

Cryptojacking often manifests as degraded system performance or increased electricity bills, making detection challenging without specific monitoring tools.

DEVELOPERS

Organizations developing technology related to Cryptojacking.

  • Palo Alto Networks

    Develops enterprise cybersecurity platforms that detect and prevent various forms of malware, including cryptojacking, through advanced threat intelligence and endpoint protection solutions.

  • CrowdStrike

    Offers cloud-native endpoint protection, threat intelligence, and incident response services that actively identify and block cryptojacking attempts across endpoints and cloud workloads.

  • Sophos

    Provides comprehensive cybersecurity solutions, including endpoint protection and network security, designed to detect and prevent unauthorized cryptocurrency mining (cryptojacking) on enterprise systems.

  • Trend Micro

    Specializes in cloud security, network defense, and endpoint protection, offering solutions that identify and mitigate cryptojacking attacks, particularly in cloud and server environments.

  • Fortinet

    Develops a broad range of cybersecurity products, including firewalls, endpoint security, and threat intelligence services, which are used to detect and prevent cryptojacking activities on networks and devices.

  • Check Point Software Technologies

    Offers comprehensive threat prevention solutions that protect against various cyber threats, including cryptojacking, across networks, cloud, and mobile environments.

  • Kaspersky Lab

    Provides endpoint security, threat intelligence, and anti-malware solutions, actively researching and developing technologies to detect and protect against cryptojacking and other cybercriminal activities.

  • Microsoft

    Through Microsoft Defender for Endpoint and other security services, Microsoft provides advanced threat protection capabilities that detect, prevent, and respond to cryptojacking attacks on Windows and other platforms.

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