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Home / Cryptocurrency

Abhishek Jariwala / Sep 3, 2019

All you need to know about Cryptocurrency Mining Malware

Cryptocurrency mining malware

We have recently revealed about a scam in which cryptocurrency mining malware was involved. Basically, this was a case of attackers getting into the bank and revealing account details of its account holders.

However, it was later found that the attackers used to inject cryptocurrency mining malware inside the hacked systems as well. Now, this has made many of you curious about what exactly is a cryptocurrency mining malware and how you can detect it.

What is Cryptocurrency Mining Malware?

For that, you need to first know what is cryptocurrency if you don’t already know. In short, cryptocurrency is a digital currency which is decentralized and it is peer-to-peer so the transactions are done directly without any banks or governing bodies in between.

Apart from that, the transactions are recorded in a public ledger called ‘blockchain’ instead of traditional methods like passbook or bank records.

Talking about Cryptocurrency Mining malware, it is basically using the resources of your computer to mine cryptocurrency for the attackers. This malware is a very stealthy malware that farms the resources on a system and it generates revenue in the form of cryptocurrency for the attackers.

In most cases, it is very hard to know if a cryptocurrency mining malware is present on your system and mining cryptocurrency for the attackers.

However, there are ways in which you can detect something fishy going on in your system. First of all, if you find that your system is behaving oddly or running slow for no reason than check all the program running on your PC.

Most of the times, you will find a suspicious program running constantly in the background. This might be the cryptocurrency mining malware that is slowing down your system.

Nowadays, Cybercriminals have turned to browser-based cryptocurrency mining to help them generate revenue from mining. So if you think that your browser is running too slow, check if a malware or suspicious program is present on your PC.

Tagged With: Cryptocurrency, Malware, Mining

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