Press & Media
Latest news, press releases, and media resources from TargetProof
Press Releases
TargetProof Launches Revolutionary Cryptomining Detection Service
ATLANTA, GA - TargetProof, a leader in ransomware prevention and recovery, today announced the launch of detect.targetproof.com, an advanced service designed to identify unauthorized cryptocurrency mining operations within enterprise networks.
The new detection service leverages proprietary algorithms to scan networks for the telltale signs of cryptojacking – the unauthorized use of computing resources to mine cryptocurrency. By identifying these operations early, organizations can prevent potential escalation to more damaging ransomware attacks.
"Cryptojacking is often the canary in the coal mine for ransomware," said Thomas Stone, CEO of TargetProof. "The same access that allows attackers to deploy miners can be used to deploy ransomware. By detecting and terminating these operations early, we're helping organizations prevent potentially devastating attacks."
The service not only detects unauthorized mining operations but also provides detailed forensic information about how the attackers gained access, helping organizations close security gaps and prevent future compromises.
detect.targetproof.com is available immediately for enterprise customers worldwide.
TargetProof Introduces Anti-Ransom Cryptocurrency Mining Pool
ATLANTA, GA - TargetProof today announced the launch of pool.targetproof.com, an innovative cryptocurrency mining pool designed specifically to help organizations prepare for potential ransomware situations.
The Anti-Ransom Mining Pool allows organizations to convert excess computing capacity into a cryptocurrency reserve that can be used in the event of a ransomware attack, without directly funding criminal enterprises through traditional ransom payments.
"Organizations are increasingly finding themselves in impossible situations when hit with ransomware," said Michael Chen, CTO of TargetProof. "Our mining pool provides a proactive solution, allowing companies to build a reserve using resources they already have, while maintaining full transparency and compliance through our rigorous KYC processes."
The pool implements strict Know Your Customer (KYC) verification for all participants, tracking who mined which coins and their intended use. This creates a transparent, auditable system that helps organizations maintain compliance while preparing for potential cyber emergencies.
pool.targetproof.com is now available for enterprise customers globally.
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Thomas Stone
Founder & Chief Executive Officer
Thomas Stone is the Founder and CEO of TargetProof, bringing over 15 years of experience in cybersecurity, cryptocurrency forensics, and incident response. Prior to founding TargetProof, Thomas led digital forensics teams at several Fortune 500 companies and served as a consultant to law enforcement agencies on cryptocurrency-related investigations.
With a background in both technical security and business leadership, Thomas has pioneered innovative approaches to ransomware economics and cryptocurrency tracing. He holds multiple certifications in digital forensics and is a frequent speaker at industry conferences on topics related to cryptocurrency security and ransomware prevention.
Thomas founded TargetProof with the mission of disrupting ransomware economics through proactive detection and innovative cryptocurrency strategies. Under his leadership, the company has developed groundbreaking solutions that help organizations prepare for and recover from cyber incidents.
Additional executive bios coming soon
Fact Sheets
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