The unauthorized use of someone’s computer to mine cryptocurrency is known as cryptojacking. Commonly, hackers do this by getting the victim to click on a malicious link which loads all the crypto mining codes on the computer.
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An Overview of Cryptojacking
Browser-based cryptojacking is very common nowadays. The increasing popularity of this crime is because hackers gain more money with less risk. Hackers define cryptojacking as easier, cheaper, and more profitable ransomware. Ransomware is a type of malicious software designed to block access to a computer system.
The risk of being caught and identified is much lesser while hacking through cryptojacking. This also makes cryptojacking more popular for hackers. The hackers also prefer the anonymous cryptocurrencies like Monero and Zcash while cryptojacking than safer cryptocurrencies like Bitcoin. This is because it’s hard to trace the crime in anonymous cryptocurrencies.
Working of Cryptojacking
Primarily, there are two ways for the cryptojacking victim’s system. One of the ways is to trickly getting the victims to click on a link that is malicious. This loads all the crypto mining codes in the hacker’s system. The link runs codes that place the crypto mining script on the computer.
How to prevent Cryptojacking?
Install Ad blockers
Installing ad blockers in your system that involves in crypto mining helps to block malware ads since cryptojacking is often delivered by hackers through pop up ads. Cryptomining scripts can be detected by using adblocker plus. Be aware of downloads and suspicious emails.
Keep Tools updated
Keep your web filtering tools updated. This identifies the web page that is delivering the cryptojacking scripts. Stay updated with the latest version of the software helps to prevent hackers to some extent.
Mobile Device Management solution
The mobile device management (MDM) system is a better solution against crypto jacking. It helps to manage apps and extensions on the user’s device.
Identify the signs of infection
If your phone or computer involved in crypto mining is consuming a lot of power and heats up when not in use, it could be a reason for the infection. Identify those signs and take precautions.
According to records, a record-setting amount of crypto crimes took place as far. The types of crypto crimes are diverse. It’s demonstrated that security remains a critical concern in the crypto industry. The steep increase in the value of cryptocurrencies is the major reason behind the cryptojacking.
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