Hackers infect Android phones and TVs to mine cryptocurrency

Hackers infect Android phones and TVs to mine cryptocurrency

6 years ago
Anonymous $v9r5mEH86V

https://www.cnet.com/news/hackers-monero-iot-devices-china-mine-cryptocurrency/

Hackers have infected thousands of Android phones and smart TVs and used the devices to mine for cryptocurrency, researchers at Chinese cybersecurity firm Netlab360 found.

The attack combines a handful of well known hacking techniques with one goal in mind: use the processing power of internet connected devices to create more Monero, a digital currency that can be replicated by running a program on a computerized device. According to ZDNet, the attack affected 7,000 devices in China. While that's not as big as some recent networks of hacked devices -- called botnets -- security experts believe hackers will increasingly use this approach to make money off of other people's computers, smart home devices, phones and tablets.

Hackers infect Android phones and TVs to mine cryptocurrency

Feb 6, 2018, 11:39pm UTC
https://www.cnet.com/news/hackers-monero-iot-devices-china-mine-cryptocurrency/ >Hackers have infected thousands of Android phones and smart TVs and used the devices to mine for cryptocurrency, researchers at Chinese cybersecurity firm Netlab360 found. >The attack combines a handful of well known hacking techniques with one goal in mind: use the processing power of internet connected devices to create more Monero, a digital currency that can be replicated by running a program on a computerized device. According to ZDNet, the attack affected 7,000 devices in China. While that's not as big as some recent networks of hacked devices -- called botnets -- security experts believe hackers will increasingly use this approach to make money off of other people's computers, smart home devices, phones and tablets.