Knowledge Center

What Is Cryptojacking?

Cryptojacking is a form of cyber-attack in which the perpetrator hijacks a victim’s processing power and uses it for mining cryptocurrencies. The most common form of cryptojacking occurs when the hacker successfully entices the victim to click on a malicious link in an email that loads crypto mining code. Hackers are also known to infect websites or online ads with JavaScript code. A crypto mining code automatically executes once the website becomes part of the victim’s browsing history. The code works in the background as victims continue to use their computers.

Unlike other types of malware, cryptojacking does very little (if any) damage to the data on the victim’s computer. Consequently, most victims are unaware that they have fallen prey to cryptojacking until they receive an unusually high electricity bill at the end of the month of noticing a lag in their devices’ performance. This explains why cryptojacking is so popular among criminals in the cyber universe.

How to Protect Your Device from Cryptojacking?

The best way to prevent cryptojacking is to avoid opening any type of suspicious email attachments. Additionally, stay away from unknown websites and remain vigilant of possible phishing scams or social engineering schemes. Eventually, always be on the lookout for suspicious activity to notice it at the early stages.

Brief Summary of Cryptojacking

  • Cryptojacking is a form of cyber-attack.
  • A victim’s processing power is hijacked for mining cryptocurrencies.
  • The most common form of cryptojacking occurs through a phishing scam.
  • Hackers are also known to infect websites or online ads with JavaScript code.
  • These codes work in the background as victims continue to use their computers.
  • The best way to prevent cryptojacking is to avoid suspicious emails.
  • Always be on the lookout for any type of suspicious activity.
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