Cryptojacking Incidents Fell By 78% In The Second Half Of 2019

Cryptojacking is the act of infiltrating an unsuspecting computer system with a malware specifically designed to hijack the computer’s processing resources, using it to mine digital assets. The report states that the Coinhive closure added to the reduction.

SonicWall’s report now says that the price of different assets “created an untenable situation between Coinhive-based cryptojacking malware and the legitimate Coinhive mining service.” After the Coinhive shutdown, cryptojacking incidents fell at least 78%.

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