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We pass the costs to you! An analysis of cryptomining and cryptojacking

  • Thursday, May 31, 2018 at 1:00 PM EDT (2018-05-31 17:00:00 UTC)
  • Ted Demopoulos, Josh Pyorre


  • Cisco Systems Inc.

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Content providers, affected by the wide-spread adoption of ad-blockers, have been experimenting with running cryptomining software on their websites. Through a tiny piece of javascript code, site owners can use some or all of a visitors CPU power to mine Monero, a digital currency that's difficult to trace and easy to mine.

While we've seen some site owners attempt to use cryptomining in legitimate ways, malicious actors have also been experimenting with it, installing it on compromised sites, access points and in malware. Illegitimate uses of cryptomining is being called cryptojacking. This webcast will walk you through a brief history of cryptomining and cryptojacking, how it all works and the various steps you or your organization can take to detect and stop it.

Speaker Bios

Ted Demopoulos

Ted Demopoulos' first significant exposure to computers was in 1977 when he had unlimited access to his high school's PDP-11 and hacked at it incessantly. He consequently almost flunked out but learned he liked playing with computers a lot. His business pursuits began in college and have been continuous ever since. His background includes over 25 years of experience in information security and business, including 20+ years as an independent consultant. Ted helped start a successful information security company, was the CTO at a "textbook failure" of a software startup, and has advised several other businesses. Ted is a frequent speaker at conferences and other events, quoted often by the press. He also has written two books on Social Media, has an ongoing software concern in Austin, Texas in the virtualization space, and is the recipient of a Department of Defense Award of Excellence. In his spare time, he is also a food and wine geek, enjoys flyfishing, and playing with his children.

Josh Pyorre

Josh Pyorre, Security Research Analyst, Cisco, has been with Cisco Umbrella for three years. Before that, he was a threat analyst at NASA, working as part of the team that built and ran the NASA Security Operations Center at Ames Research Center. He has worked with Mandiant, helping to build their SOC while conducting incident response for multiple clients. Before working in security, Josh was the technical director for a non-profit providing assistance to the homeless in San Francisco.

His professional interests involve network, computer and data security with a goal of maintaining and improving the security of as many systems and networks as possible.

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