Contact Us Today! 1-844-237-4300

Central Technology Solutions Blog

Central Technology Solutions’ Technology Thwarts Cryptojacking

Cryptojacking

LYNCHBURG & ROANOKE — Central Technology Solutions, a leading managed technology services provider, is helping small to mid-sized businesses (SMBs) to prevent cryptojacking attacks from damaging their organizations. Cryptojacking attacks are derived from the widely popular cryptocurrencies, such as Bitcoin and Ethereum, and occurs when a corporate server is hijacked in order to facilitate cryptocurrency transactions by leveraging the inherent power of high-performance servers. As cryptocurrencies rely on an enormous amount of server power in order to facilitate transactions, many of the corporate servers that power small to mid-sized businesses have become an obvious target of cryptojacking attacks, as they are simply the most efficient vehicle for cryptojackers to exploit. Central Technology Solutions is currently protecting SMBs from this threat.

“Businesses that are under attack are often unaware of this threat because these attacks are specifically designed to be minimally intrusive and hard to trace,” stated Thomas Vaughan, President at Central Technology Solutions. “Typically, cyber criminals set up their malware to run quietly in the background during daytime hours, only to extract maximum power during off-hours. It’s one of the telltale signs, yet this is rarely monitored by organizations that aren’t working with a reputable managed technology services provider. The result is that most businesses are flying blind and unaware that their security has been compromised, which doesn’t seem very dangerous on the surface. However, this leaves many cryptocurrency hackers with access to very sensitive points within an organization that can be taken advantage of later.”

Most attacks take place when businesses are most vulnerable; after-hours and during migration to cloud-based solutions. Durring off-hours, cryptocurrency mining software can be installed quickly and without detection, creating a pivot-point where hackers can later install even more malware. Another vulnerable moment is when businesses are migrating their network to the cloud. The vulnerability here is because of the complexity and level of detailed attention required to successfully navigate these kinds of infrastructure transitions. Where most business owners simply add technology piece-by-piece, this fails to address the gaps in the network that arise gloming one solution onto another. Networks can quickly become messy and this is how organizations get exposed to hackers. In the case, of cryptojacking, it’s no different.

“Business owners can protect themselves by taking the following actions, commented Mr. Vaughan. “As a first step, they need to diagnose their network and segment the utilization of their data. By doing this, business owners or CTOs can see which devices, servers, and endpoints are performing optimally and which are underperforming. Underperforming servers can provide a hint that the organization may have been cryptojacked. Another action they can take is to make sure that they aren’t vulnerable to exploit kits, which are tools hackers use to infiltrate networks via common business software. Lastly, businesses can direct their attention to systems that expose the network, like VPNs (Virtual Private Networks) or other cloud-based technology. While there are many more steps to take, these are very effective first steps to protect any organization from cryptojacking.”

             

ABOUT CENTRAL TECHNOLOGY SOLUTIONS

Founded in 1975, Central Technology Solutions is committed to establishing and maintaining a dynamic partnership with every customer. Extensive technology and service experience allows the Central Technology Solutions team to develop an understanding of each customer's unique telecommunications requirements, and to respond to those requirements quickly and effectively.

Central Technology Solutions is proud to be among the top nationwide distributors of quality telecommunications and voice mail products. Our team of industry certified technicians is on call 24-hours a day with access to extensive on-site equipment inventories for fast and efficient response to customer requests. Even our customer service representatives are factory certified, ensuring the highest level of customer support available.

Central Technology Solutions understands the critical role a telephone and data system plays in the smooth operation, growth and success of every business. By working with each customer to establish a telecommunications and data strategy based on the highest quality product and service standards, Central Technology Solutions ensures optimum system performance and customer satisfaction for years to come.

For more information on Central Technology Solutions, please call (434) 237-4300 (Lynchburg) or (540) 777-3377 (Roanoke) or visit www.TeamCTS.com.

Want to Keep Your “Personal” Browsing a Secret? Sc...
How Technology Could Change the Classroom
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Monday, February 18 2019

Captcha Image

Join our mailing list!

  • Company Name *
  • First Name *
  • Last Name *

      Mobile? Grab this Article!

      QR-Code dieser Seite

      Tag Cloud

      Security Tip of the Week Technology Best Practices Cloud Business Computing Email Malware Privacy Hosted Solutions Hackers Internet IT Services Network Security Productivity Outsourced IT Data Productivity Managed IT Services Software Data Backup IT Support Business Mobile Devices Innovation Ransomware Computer Tech Term Data Recovery Hardware Microsoft Google Backup Cloud Computing Small Business Internet of Things Efficiency Managed Service Provider Smartphone Business Continuity Android Remote Monitoring Paperless Office User Tips Data Management Social Media Windows 10 Disaster Recovery Smartphones Artificial Intelligence Browser Encryption Managed IT IT Support Communication VoIP Business Management Upgrade Facebook BYOD Save Money Phishing Collaboration Windows App Cybersecurity Windows 10 Risk Management Mobile Device Holiday Mobile Device Management Workplace Tips Firewall communications Network Server Applications Recovery BDR Bring Your Own Device Saving Money Bandwidth Managed IT Services Wi-Fi Office 365 Vendor Management Apps Robot Employer-Employee Relationship Government Unified Threat Management Passwords Gmail Document Management Information Big Data Automation Virtualization Chrome Money IT Management Data storage Going Green Hosted Solution Tip of the week Scam Healthcare Website Antivirus Wireless Project Management Compliance Password Telephone Systems Content Filtering Infrastructure SaaS Vulnerability Microsoft Office Computers Apple Social Storage Unified Communications Training Two-factor Authentication Computing Router Help Desk File Sharing Tablet Customer Service Quick Tips Printing Virtual Reality Files Miscellaneous Blockchain Analytics Remote Computing Customer Relationship Management Regulations Politics Data Security Work/Life Balance Data loss Managed Service Office IT Service Business Technology IoT Monitors Websites Identity Theft Assessment Alert Licensing Mobile Computing Server Management Electronic Medical Records How To Hacker Uninterrupted Power Supply Employees How To Samsung Company Culture Users Wireless Technology Legal The Internet of Things Spam Software as a Service Mobility Flexibility YouTube Word Chromebook WiFi Machine Learning Maintenance Downtime Avoiding Downtime Smart Technology Redundancy Budget Information Technology Administration Upgrades LiFi Education Operating System Twitter Internet Exlporer Outlook Management Mouse VPN Remote Monitoring and Management Private Cloud HIPAA Patch Management IT solutions Remote Workers Access Control Tech Support Google Drive Mobile Security End of Support Health Settings Virtual Private Network Digital Payment Network Management Business Growth Sports Unsupported Software Virus SharePoint Staff Disaster Trending Geography Authorization Update Marketing Break Fix Social Networking Hard Drives Google Docs Procurement Unified Threat Management Buisness Hotspot Sync Humor Technology Laws Virtual Assistant Mobile Favorites Gadgets Black Friday Roanoke — Central Technology Solutions Telephony Mail Merge Fleet Tracking Fraud Screen Reader Public Cloud Touchscreen Backups Techology Remote Worker Cache Electronic Health Records Mirgation Law Enforcement VoIP Drones Sponsor Test Social Engineering USB Consultation Lenovo Star Wars Monitoring Mobile Data Downloads Augmented Reality Travel Deep Learning High-Speed Internet Dark Web Motherboard Botnet Solid State Drive Asset Tracking User Error Language Mobile Device Managment Software Tips Current Events Statistics Wasting Time Conferencing Cyber Monday technology services provider Address Smart Tech Automobile Computer Care Disaster Resistance ROI Recycling Cyberattacks Dark Data Personal Information Migration Gadget Alt Codes Digital Obstacle MSP RMM Safety Cryptocurrency Superfish Utility Computing Consulting Operations Search Development Zero-Day Threat Data Warehousing OneNote Notifications Computing Infrastructure Bluetooth Managing Stress Instant Messaging Technology Assurance Group ’s 18 GPS Black Market Net Neutrality Hacks Proactive IT Notes eWaste Read Only Technology Tips Chatbots Typing Spyware Course Proactive Tech Terms Supercomputer Bitcoin Managed Services Provider Multi-Factor Security Wearable Technology Crowdsourcing Meetings Best Practice Shortcut Cables Backup and Disaster Recovery Writing Emoji Microsoft Excel Modem Employee-Employer Relationship Printer Alerts G Suite History Enterprise Content Management Finance Network Congestion Distributed Denial of Service Annual Convention Tracking Firefox Google Maps Heating/Cooling IT Consulting PowerPoint Computer Repair Comparison Virtual Desktop Identity Taxes Theft IT Budget Windows 8 Time Management Save Time Networking Cost Management E-Commerce Physical Security Google Calendar WannaCry Wires Human Error Retail Cortana Cookies Connectivity 3D Printing Cooperation Cabling Hacking Vulnerabilities Authentication Display Managed IT Service San Diego Identities Processors Servers Data Breach Professional Services Enterprise Resource Planning Bookmarks Specifications WPA3 Financial Security Cameras Hard Drive Features Office Tips Legislation IT Technicians Point of Sale Google Wallet Permission Permissions Nanotechnology Cybercrime Web Server Regulation Cameras Motion Sickness Administrator CCTV Relocation Hard Disk Drive Printers Webcam Emergency IT Consultant CrashOverride Error