Coinhive cryptojacker is currently the most prevalent malware online

Welcome to the age of cryptojackers. The most prevalent malware online today is Coinhive, the popular software often used to hijack computers and mine cryptocurrency, according to new research from the cybersecurity firm Check Point. The scheme is known as cryptomining or, more commonly, cryptojacking. Cryptocurrency has constantly been in the headlines as prices regularly reach record highs, fueling public interest. High prices and more people involved means the mining process is increasingly difficult, so scammers have turned to cryptojacking in order to make up for lost ground. “The more CPUs participate in the mining process, the more complicated it becomes to successfully mine the currency,” said Lotem Finkelsteen, Check Point threat intelligence researcher said. “In this way the currency inventors control the amount of currencies circulate into the market. Meaning, one should invest more computational resources to keep or improve his mining ratio he had a month ago. Thus […]

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