Cryptojacking is defined as hijacking your desktop/ laptop computer, mobile device, or server to surreptitiously mine cryptocurrency for someone else’s profit. In other words, it’s the theft of computational resources (CPU) and energy (electricity).
Cryptojacking most commonly happens through a web browser. Malicious cryptomining scripts (sometimes referred to as coinminers) are frequently found being injected on compromised websites. Some affected sites have been of well-known organizations and government institutions. Many of the hacked sites found were using vulnerable content management systems or compromised third-party services.
Cryptojacking is typically resource intensive as malicious cryptocurrency mining consumes all CPU resources available. This is because the amount of CPU power used correlates to the speed at which hashes can be generated (mined). The faster hashes are mined, the faster money is made.
Cryptojacking can be stopped by using a browser extension designed to block malicious cryptocurrency mining scripts.
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