MY TAKE: Why ‘cryptojacking’ is spreading faster than ransomware — and may be more insidious

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Has there ever been anything more tailor made for hackers than crypto currency? Is anyone surprised that hackers are innovating ways to crack into digital wallets and currency exchanges?

In January, hackers absconded with some 58 billion Japanese yen worth of the XEM cryptocurrency from Tokyo-based Coincheck Exchange. That’s a cool $533 million in U.S. dollars.

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KnowBe4, the provider of the world’s most popular integrated new school security awareness training and simulated phishing platform, is used by more than 9,500 organizations worldwide. Founded by data and IT security expert Stu Sjouwerman, KnowBe4 helps organizations address the human element of security by raising awareness of ransomware, CEO Fraud and other social engineering tactics through a new school approach to security awareness training. Kevin Mitnick, internationally recognized computer security expert and KnowBe4’s Chief Hacking Officer, helped design KnowBe4’s trainings based on his well-documented social engineering tactics. Thousands of organizations trust KnowBe4 to mobilize their end-users as the last line of corporate IT defense.

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