3 W's of CryptoJacking

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Cryptojacking or cryptohacking is the unauthorised use of someone’s else computer to mine computer. Hackers do this by either getting victim to click on an ad or on any fake link.

Browser-based cryptojacking is growing fast. Last November, Adguard reported a 31 percent growth rate for in-browser cryptojacking. Its research found 33,000 websites running crypto mining scripts. 

Adguard estimated that those site had a billion combined monthly visitors.

In January, researches discovered that the smominru crpto mining botnet, which infected more than a half-million machines, mostly in Russia, India, and Taiwan.

Cryptojacking doesn’t even require significant technical skills. According to the report, The New Gold Rush Cryptocurrencies Are the New Frontier of Fraud, from Digital Shadows, cryptojacking kits are available on the dark web for as little as $30.


HOW hackers work

The simple reason why cryptojacking is becoming more popular with hackers is more money for less risk. “Hackers see cryptojacking as a cheaper and more profitable for them . With ransomware, a hacker might get three people to pay for every 100 computers infected, he explains. With cryptojacking, all 100 of those infected machines work for the hacker to mine cryptocurrency. The hacker might make the same as those three ransomware payments, but crypto mining continuously generates money.

How cryptojacking works 
                    
Hacker have two primary ways to hack victim computer one is to load a code on tes computer.
The other method is to inject a script on a website or an ad that is delivered to multiple websites. The link runs code that places the cryptomining script on the computer.the script than runs in the background as the victim works. The most commonly used method is to infect websites and pop-up ads with a JavaScript based cryptomining script 



IT security software provider Quick Heal Technologies said that it had detected over three million cryptojacking hits between January and May 2018. Further, the number of mobile cryptojacking malware variants have grown from eight in 2017, to 25 by May 2018, a three-fold increase. Quick Heal Security Labs expects these numbers to grow even further, as more cybercriminals leverage cryptojacking as a lucrative channel to generate revenues. 

HOW TO PREVENT CRYPTOJACKING

First of all the most important thing is you have to install a security software on your computer which prevents you from any fake websites.Install an adblock or an anticrypto mining software. Since cryptojacking scripts are often delivered through web ads, installing an ad blocker can be an effective means of stopping them.
If you wants to get more info you can seek help from cryptosecurity expert Kratikal Academy. This site is specialised working on cybersecurity or other security projects.

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