Look Out for Wave of New Cyberattacks, Experts Warn
A wave of new cyberattacks is underway that uses fake Internet ads to execute malicious code on a victim’s computer, according to Canadian cyber security firm Akouto. The attacks make unauthorized use of computers to run code that mines cryptocurrency in the user’s browser.
Using fake Internet ads to spread malware is nothing new, with incidents of “malvertising” recorded as early as 2008. What’s new in this wave is the combination of malvertising with a new attack known as cryptojacking, which according to cyber security experts has surpassed ransomware as the number one threat on the Internet today.