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Weary Cybercriminals Turn To Cryptojacking Banks

Relentless crackdowns see ransomware operators seeking alternative financial gains avenues. In this Bank Info Security article, our cybersecurity expert Amit Jaju comments on why cryptojacking is an increasingly attractive source of revenue for cybercriminals as compared to the more “conventional” ransomware.

© Copyright 2022. The views expressed herein are those of the author(s) and not necessarily the views of Ankura Consulting Group, LLC., its management, its subsidiaries, its affiliates, or its other professionals. Ankura is not a law firm and cannot provide legal advice.

The financial industry, in particular, has seen a surge in cryptojacking attacks from hackers attracted by the industry's "high capacity and high availability of IT infrastructure that can be misused," says Amit Jaju, senior managing director at Ankura Consulting Group.

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