Ransomware Soar High While Crypto-Mining Attacks Go Down In 2019: Kaspersky

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Ransomware Soar High While Crypto-Mining
Attacks Go Down In 2019 Kaspersky
On Wednesday, Kaspersky security experts reported
a 13.7 percent rise in several "unique malicious
objects". These malicious objects, also known as
web-skimmer files, are malware programmed to
steal credit card details. Although these
web-skimmer files have gone up by 187
percent, crypto-mining attacks fell sharply by 59
percent year after year. These crypto-mining
malware attacks have gone down from 5,638,828
machines to 2,259,038. Some prevalent malware
like Trojan.JS.Miner.m. Trojan.Script.Miner.gen
and Trojan.BAT.Miner.gen, have still maintained
their position in the list of top 20 malware.
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Denis Parinov Analysis Report
Kaspersky's renowned security analyst, Denis
Parinov, said that his team had observed a slight
decrease in several 'common' attacks on home
users, while the 'loud' crypto-ransomware
infections were soaring up". He also revealed
that a crypto-ransomware had recently hit New
Orleans.  Denis Parinov believes that
crypto-mining hackers are looking for more
money-making opportunities, which is evident from
the hackers interest in debit card details
rather than cryptocurrencies. Kaspersky's
anti-malware research head, Vyacheslav
Zakorzhevsky cited a few reasons for the hackers
deviation from cryptocurrencies. He stated
that crypto-mining attacks were down as they were
seeing no profits, and cryptocurrencies were also
struggling with covert mining.
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Role of Monero
Coinhive, one of the most popular web-mining
services, has declared itself economically
inviable because of the drastic drop in XMR cost
and Monero's hard fork. Coinhive added that this
was caused mainly because of the market and
community reaction of usage of web mining without
the user consent in most cases. The company also
observed that despite the decline in crypto
mining attacks, crypto-ransomware attacks
continued unabated. Parinov's Advice on
Crypto-Mining Attacks Parinov advised users to
stay vigilant against crypto-mining attacks. He
identified sluggish PC performance as the most
common symptom of crypto-mining attacks, which
could lead to the emergence of certain errors. He
further said that crypto mining required certain
network interactions, which a regular PC user
would find difficult to track.
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Source

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r-high-while-crypto-mining-attacks-go-down-in-2019
-kaspersky https//www.cryptoknowmics.com/news/
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