A quarter of UK businesses have been cryptojacked, reveals new research

ALondon – Cryptojacking has already affected large numbers of UK businesses, according to new research from CybSafe, the cyber security awareness and data analytics company. In CybSafe’s survey of 250 IT decision-makers at UK small and medium-sized enterprises (SMEs), 25% of respondents reported that one or more computers on their system had been cryptojacked in the last 12 months.   Cryptojacking is a process by which hackers hijack a computer’s processing power to mine for cryptocurrencies. As a result of high processor usage, computers infected with cryptojacking malware tend to…

Read More

Tesla Cloud Hacked by Bitcoin Miners

The latest victim of cryptojacking is Tesla.   Researchers at Red LockCloud Security Intelligence (CSI), published findings on Tuesday that some of Tesla’s Amazon Web Services cloud infrastructure was a hack and running mining malware in a far-reaching and well-hidden cryptojacking campaign.   Tesla was informed last month and the company quickly took remedial measures.   Tesla’s initial investigation indicates that data exposure was minimal, but the incident underscores the ways in which cryptojacking can pose a broad security threat…   Quoting Redlock: “We got alerted that this is an open…

Read More