Cryptojacking Attacks Skyrocketed by 400% in H1 2023: SonicWall Report

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Cryptojacking Attacks Skyrocketed by 400% in H1 2023: SonicWall Report
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The 332 million cryptojacking hits recorded so far in 2023 represents an unprecedented high.

Cybercriminals are increasingly moving away from ransomware attacks and opting for a more covert strategy of utilizing stolen computing power to mine digital currency. To increase their likelihood of success, these malicious entities constantly vary their tools, tactics, and procedures, remaining adaptive and evasive in their approach.

The surge in cryptojacking incidents was primarily propelled by record-breaking numbers in January, February, April, and May. During those months, the monthly totals exceeded 77 million instances, surpassing the combined figures for the first six months of 2022 and even exceeding the totals recorded for the entire years of 2018 or 2019.

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