The cryptocurrency that has overcome Bitcoin as the main objective of cryptocurrencies


Since cryptojacking has increased by more than 300% in 2018, it seems that Bitcoin is no longer the main objective …

Cryptojacking has been in the headlines a lot in 2018. It's the practice with which an evil user uses the malware code on the planet on a person's machine. Thus, said malware secretly blocks cryptocurrency against the background of said machine, generally without the user in question noticing it. They may notice that their machine is working a bit slower and harder than usual, but since malware tends not to actually damage files, encryption software is often not detected.

The aforementioned nefarious user, meanwhile, collects cryptocurrency from thousands of computers simultaneously.

The PandaLabs annual security report has just been published and lists cryptojacking as one of the three most successful malware attacks against companies in 2018.

In particular, the Coinhive code is mentioned in the report (which has become famous since April in particular). Originally, Coinhive was designed to help websites generate revenue without having to continually resort to advertising. However, it is not used more and more for less scrupulous reasons (and not as its creators intended it).

Panda reports that cryptomining has grown three and a half times since then last year. It grows faster than another threat mainly malware, ransomware.

The Miners of Monero, incidentally, make up almost 70% of the cryptocurrency miners, and not Bitcoin as one might expect. Monero is a lower profile and easier to extract coins, although it carries much less for money.

The complete Panda annual report is available for viewing here.

As always, the recommendation to keep the security software absolutely up-to-date remains.

Image: BigStock

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