CRYPTOJACKING

Cryptojacking is malicious cryptomining that happens when cybercriminals hack into both business and personal computers, laptops, and mobile devices to install software. This software uses the computer’s power and resources to mine for cryptocurrencies or steal cryptocurrency wallets owned by unsuspecting victims. The code is easy to deploy, runs in the background, and is difficult to detect.

With just a few lines of code, hackers can hijack the resources of any computer and leave unsuspecting victims with slower computer response times, increased processor usage, overheating computer devices, and higher electricity bills. Hackers use these resources to both steal cryptocurrency from other digital wallets and to allow hijacked computers to do the work so they can mine valuable coins.