Microsoft warns against ‘cryptojackers’ – ICT news

Despite the fall in cryptocurrencies, it still proves to be interesting for criminals to use third-party computers through malware to mine cryptocurrencies.

That’s what the tech giant reveals in a new report. Microsoft warns that cryptocurrencies may be worth less than a few months ago, but they still represent an important means for criminal organizations. The popularity of ‘cryptojacking’ is therefore still high, according to Microsoft. Using cryptojacking, attackers infect targeted computers with malware that extracts cryptocurrency for them at the infected user’s (electricity) expense.

In a statement posted on its blog, Microsoft reports that it still detects hundreds of thousands of cryptojackers each month through its antivirus service. Due to the need for a lot of computing power, malware is mostly placed on servers and virtual machines and not so much on your laptop at home. XMRig, a piece of malware created to mine Monero, is particularly popular. The latter currency is completely anonymous and is therefore considered the most suitable for illegal activities.

That’s what the tech giant reveals in a new report. Microsoft warns that cryptocurrencies may be worth less than a few months ago, but they still represent an important means for criminal organizations. The popularity of ‘cryptojacking’ is therefore still high, according to Microsoft. Using cryptojacking, attackers infect targeted computers with malware that extracts cryptocurrency for them, at the infected user’s (electricity) expense. ‘it still detects hundreds of thousands of cryptojackers every month through its antivirus service. Due to the need for a lot of computing power, malware is mostly placed on servers and virtual machines and not so much on your laptop at home. XMRig, a piece of malware created to mine Monero, is particularly popular. The latter currency is completely anonymous and is therefore considered the most suitable for illegal activities.

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