Cryptojacking 101

Everything you need to know about the hottest cybercrime

In 2021, cryptojacking was the world’s most common malware — and its popularity continues to rise. Cryptojacking is a strategy whereby bad actors gain remote control of computing resources through malware, then devote some or all of these resources to mining cryptocurrency.

The ascent of cryptojacking should come as a surprise to no one. Cryptomining is an extremely lucrative practice, with miners earning tens of billions annually. And cryptojacking isn’t easily noticeable. Cryptomining attacks breach environments and hide undetected, slowly sapping computing resources for monetary gain.

In this primer on cryptojacking, Lacework will review:

  • The fundamentals of the cryptomining process
  • Why cryptojacking is gaining popularity
  • How a cryptojacking attack is often carried out
  • Best practices on avoiding a cryptojacking attack

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