Crypto-jacking: A hidden cost for your company | ITWeb
After gaining momentum in mid-2017, we have seen a worldwide boom of digital crypto-currencies like Bitcoin. Crypto-currencies have become synonymous with Ransomware attacks, but now cyber criminals have discovered another way to make money, mining crypto-currencies.
Crypto-mining is no easy feat, requiring immense computing power to be successful. This is due in part to blockchain technology that is the cornerstone of crypto-currencies’ impenetrable defence and anonymity, using complex algorithms to create and authenticate the currency.