Hackers are using victims' computers to mine cryptocurrencies

Hackers are using victims' computers to mine cryptocurrencies

6 years ago
Anonymous $v9r5mEH86V

https://finance.yahoo.com/news/hackers-using-victims-computers-mine-cryptocurrencies-154915570.html

According to Wired, the malware at the unnamed water utility was discovered by security firm Radiflow. The company says the cryptojacking software was designed to mine for monero (XMR-USD), a cryptocurrency that has gained popularity among cybercriminals due to the fact that it’s easier to mine using a standard processor than something like bitcoin, which is best mined using a high-end graphics card." data-reactid="19">According to Wired, the malware at the unnamed water utility was discovered by security firm Radiflow. The company says the cryptojacking software was designed to mine for monero (XMR-USD), a cryptocurrency that has gained popularity among cybercriminals due to the fact that it’s easier to mine using a standard processor than something like bitcoin, which is best mined using a high-end graphics card.

The malware was designed to run as a piece of background software so the utility’s employees wouldn’t notice it was using any power. In fact, Radiflow says it only caught the cryptojacking software as part of its monitoring of the utility’s operational technology network, which is meant to control physical changes to a network system." data-reactid="20">The malware was designed to run as a piece of background software so the utility’s employees wouldn’t notice it was using any power. In fact, Radiflow says it only caught the cryptojacking software as part of its monitoring of the utility’s operational technology network, which is meant to control physical changes to a network system.