Cryptomining will keep moving on

REGIONAL TRANSFORMATION OUTLOOK 2019

Cryptomining keeps grinding on. Filling some of the void currently and for the foreseeable future are cryptominer trojans that use victims’ computing resources to mine digital currency to earn money for attackers. These threats are already extremely prevalent and target IoT devices, web-browsers, cloud infrastructure as well as traditional computers and mobile devices. Malware will combine ransomware and cryptomining and this trend will continue.

In 2019, the United Kingdom will exit the European. A frequent discussion point is whether these relationships and the ability to share threat intelligence data will continue post-Brexit. Of course, with new policies coming into place, such as GDPR and NIS directives, certain constraints are imposed on data, especially that of European citizens.

Alex Hinchliffe, European Threat Intelligence Analyst, Unit 42, Palo Alto Networks.

Key takeaway

  • Malware will combine ransomware and cryptomining and this trend will continue.