Per a report from security firm SonicWall, Crypto jacking has been soaring in 2022. This trend has been unaffected and probably has been boosted by the bearish price action recorded across the digital asset industry.
Related Reading | Binance CEO Sues Bloomberg Subsidiary For Publishing Defamatory Article
According to the definition of Crypto-Jacking by cyber security oriented website Cyberpunk:
(This) is an unauthorized use of someone else’s computer, tables, mobile phone or connected devices to mine cryptocurrency. Simple as that.
The report claims that global cryptojacking volumes increased by 66.7 million hits in the first half of 2022. This represents a 30% increase when compared to its 2021 levels over the same period.