Study Cloud Servers Remain A Major Target For Cryptojacking
Study: Cloud Servers Remain A Major Target For Cryptojacking
September 15, 2020
Study Cloud Servers Remain A Major Target For Cryptojacking
Study: Cloud Servers Remain A Major Target For Cryptojacking
September 15, 2020

A study by Aqua Security, a cybersecurity firm, said that cloud servers remain a major target for cryptojacking, a type of attack whose main motivation is to mine cryptocurrencies.  

It has been reported that the “2020 Cloud Native Threat Report” stated that between the second half of 2019 and the first half of 2020, attacks of this nature surged by 250%.

However, in total, 95% of the 16,371 attacks registered during this period were related to cryptojacking.

The perpetrators of this type of exploit rely heavily on the use of XMRig, a well-known Monero (XMR) mining app, to deploy the attacks.

Aqua Security explained:

“Although Bitcoin has better publicity than Monero, the last is preferred by the adversaries. We speculate that they choose Monero since it is considered significantly more anonymous than Bitcoin.”

As crypto prices have risen, researchers have witnessed an increased amount of cryptojacking and other related attacks.

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Thus, their findings showed a 163% increase in browser-based cryptojacking activity in the second quarter of 2020.

Source: Cointelegraph | Image: DNA India


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.