Cryptojacking

What Is Cryptojacking:

Cryptojacking is the unauthorized mining of cryptocurrencies using someone else’s computer or mobile phone. During this type of threat, hackers secretly install software that mines in the background without the knowledge of the owner. Your computer can become infected with cryptojacking software by visiting infected websites or by clicking on suspicious links.

A Deeper Look at This Term:

As with most types of cyberattacks, the aim of cryptojacking is to make money. Hackers use the resources of other machines to mine digital coins and tokens, which they can later sell on exchanges.

Cryptoajcking malware works silently in the background, while unsuspecting victims continue to use their computer normally. Although this operation occurs without any visual warning, computer users may notice slowdowns and other reductions in performance. The best defense against this kind of attack is education. By exercising proper online security practices, you can avoid having malware installed on your mobile phone or computer. If your machine is already infected with cryptojacking software, running a virus scan using any reputable antivirus software should do the trick.

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