Research shows that one-third of British businesses had their computing power stolen for mining in July

Research shows that one-third of British businesses had their computing power stolen for mining in July

According to CCN, a new study released by software company Citrix shows that in July alone, about 30% of businesses in the UK were attacked by malware, and criminals continue to use malware to secretly use the processing power of computers to mine. The study asked 750 IT executives from the UK about their experience with encryption attacks.

These attacks have gained popularity since the release of "Coevo," an in-browser miner that uses unused portions of a victim's processor power to mine monero (XMR). A recent study from Germany's RWTH Aachen University showed that the mining tool is still actively creating about $250,000 worth of monero per month.


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