“Cryptocurrency mining is an opportunistic attack behaviour that uses botnets to create a large pool of computing power. It is considered more of a nuisance than a targeted cyberattack that puts personally identifiable information (PII), protected health information (PHI) and financial data at risk. But in some instances, these botnet activities present a high risk to organizations:
- They create noise that can may hide serious security issues;
- They impact the reputation of an organization’s IP address, causing it to be black listed;
- Cybercriminals will buy access to compromised computers from crypto-jackers to launch targeted attacks against universities.