Cryptojacking Up 4,000 Percent: How You Can Block the Bad Guys

Think about it: In the course of your everyday activities — like grocery shopping or riding public transportation — the human body comes in contact with an infinite number of germs. In much the same way, as we go about our digital routines — like shopping, browsing, or watching videos — our devices can also pick up countless, undetectable malware or javascript that can infect our devices.

Which is why it’s possible that hackers may be using malware or script to siphon power from your computer — power they desperately need to fuel their cryptocurrency mining business.

What’s cryptocurrency and why would people rip off other people’s computer power to get it? Cryptocurrencies are virtual coins that have a real monetary value attached to them. Each crypto transaction is verified and added to the public ledger (also called a blockchain). The single public ledger can’t be changed without fulfilling certain conditions. These transactions are compiled by cryptocurrency miners who compete with one another by solving the complex mathematical equations attached to the exchange. Their reward for solving the equation is bitcoin, which in the crypto world can equal thousands of dollars.

Read more at McAfee

The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

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