For obvious reasons and in light of the previous incident, Cryptojacking involves the theft of cryptocurrencies. Still, it is not so much about taking them directly as it is about taking control of remote devices to mine these cryptocurrencies. There are many other ways of getting the crypto of their choice, like personally mining it or through real crypto platforms like the one at bitconnect.co/immediate-edge/.
However, they opt against those legal methods and illegally engage in crypto mining using someone else computing devices. Using computers, tablets, or mobile phones, they mine these virtual currencies without the permission of their owners. They use these devices to carry out all the mathematical operations involved to obtain cryptocurrencies illegally.
How does Cryptojacking work?
How can it affect us?
There is a wide range of repercussions for a user who is a victim of Cryptojacking. They are serious issues, but thankfully, they serve as a red flag to notice in their infant stage. And this gives us the chance to invest everything in combating it. Here is a compiled list below.
- Increased in the quantity of electricity consumption and reading. And this will cause a higher electricity bill.
- Devices become slower because many processes run underneath, which consumes more processing power. The battery will consequently become weaker by the day in the case of mobile devices such as laptops, phones, and tablets.
- Occasional illegal extraction procedures on your devices without initiating or being aware of it.
- An alarming increase in CPU and GPU usage is wearing out your computing device at a faster rate.
- Alarming overheating of your device and overworking of the computer fan.
How do you know?
It’s difficult to tell if one of our devices had gotten cryptojacked because the malware is programmed to operate in silence. And the sad reality is that the unsanctioned mining activity will continue to run if you do not have much knowledge about your computer.
Having an excellent antivirus and anti-malware software installed on your system does not guarantee its safety against mining software. Only an individual with in-depth knowledge about its computing device can easily detect a sudden reduction in performance.
For that reason, warnings that appear on devices when they aren’t correctly functioning are a good indicator of mining activity. If you are fortunate to notice these anomalies, you should kick into action and find out why your device is doing so. Always be on the lookout for system overheating too.
How to prevent or avoid it?
Preventing your device from Cryptojacking should always be foremost in your mind. And there are some ways you can use to safeguard your device. They are:
Using antivirus and anti-malware
Yes, this method does not give a 100% guarantee. However, it goes a long way in securing your devices against these malicious mining processes that drain your devices. So, perform periodic cleaning of your system with it.
Ensuring your system or mobile devices are not the type running on outdated operating systems is imperative. Regularly update your system to the latest version because the new versions always come with essential security and safety updates.
Stay away from infectious or suspicious sites.
Be on the lookout whenever you are downloading on the internet. Never download content from suspicious sources online. These sites can infect your PC with unwanted packages that may contain malware to use your PC for mining remotely.
Using private networks
Try your best to avoid using public WiFi, especially when you do not have effective antivirus or anti-malware.