UK National Cyber Security Agency Warns About Cryptojacking


The UK national cyber security agency warns about cryptojacking. The UK agency has highlighted that 55 percent of businesses globally have experienced cryptojacking attacks last December. The UK officials specifically singled out the cryptocurrency Monero, which has been frequently mined via browser application Coinhive.

11 April, AtoZForex According to the latest announcement from the UK government agency, cryptojacking is very likely to “become a regular source of income for website owners.”

UK National Cyber Security Agency Warns About Cryptojacking

More specifically, the UK’s National Cyber Security Center has stated that cryptojacking is a significant concern in its latest report on the “cyber threat to UK business”. The report has pointed out websites which mined cryptocurrencies without users’ permission.

The UK agency has highlighted that 55 percent of businesses globally have experienced cryptojacking attacks last December. The UK officials specifically singled out the cryptocurrency Monero, which has been frequently mined via browser application Coinhive.

These attacks did not disappear this year, according to the UK National Cyber Security Center. The report has stated that more than 4,000 websites have secretly mined a cryptocurrency by using a plugin for virtually-impaired users. The report also stated that “the only way users may notice their devices are being cryptojacked is a slight slowdown in performance.”

The UK authority further notes:

“The technique of delivering cryptocurrency miners through malware has been used for several years, but it is likely in 2018-19 that one of the main threats will be a newer technique of mining cryptocurrency which exploits visitors to a website.”

How to protect yourself?

Following on this, the agency has added that it assumes that the majority of cryptojacking is implemented by cybercriminals. However, the authority notes, the website owners have also targeted visitors to their website, and then used the processing power of users’ CPUs to mine cryptocurrency for their own profits.

Some of the sites might mine cryptocurrencies with their users’ permission, according to the press release from the Cyber Security authority.

The report has concluded by recommending to use ad blockers and anti-virus programs that feature browser mining blocks to protect their computers from being cryptojacked.

Think we missed something? Let us know in the comments section below.

    Share Your Opinion, Write a Comment