Cryptojacking rates increased by 85 times in Q4 2017 as bitcoin prices spiked: report

Instances of computers hijacked to mine cryptocurrency, a practice known as cryptojacking, rose 8500 percent in the final quarter of 2017, according to a new report by Symantec. The attacks make up 24 percent of all online attacks blocked in last December, and 16 percent of online attacks blocked in the last three months of 2017, correlating with the spikes in bitcoin and other cryptocurrencies’ prices last year.

Symantec report tracks the rise of cryptojacking, and explains that its rise...

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