An illegal act of mining cryptocurrencies on computers without owner’s permission, has been on the rise since the prices cryptocurrencies began spiking towards end of last year. The process involves stealing computational power from system to execute the algorithms that are involved in cryptocurrency mining.
Cryptocurrency is digital currency that exist on a blockchain, which is an encrypted digital ledger that securely keeps track of the order of transactions between computers. The currency mining process is energy-intensive and stealing the energy from systems across the globe has been the modus operandi of cryptojackers.
The easiest way to find out, if your system is being used to mine cryptocurrency is to periodically monitor CPU utilization via resource manager. In case CPU spikes are abnormally high while none of the applications and browsers are opened, it could be a crypto mining malware situation.
Follow the mentioned steps for blocking cryptocurrency mining on your system:
- For Chrome browser, enable No Coin and minerBlock extensions. These programs enhance the functionality of the web browser and block miners.
- Use Ad blockers effectively.
- Check with AV vendor for blacklisting websites, which are part of cryptomining network.
Cryptojacking will be one of the top cybercrime activities in this year and may be beyond if the gold-rush continues for cybercriminals.
By:- Sapan Talwar