Browse Definitions :
Definition

cryptomining malware

Cryptomining malware is malicious code that takes over a computing device's resources so an attacker can use the device's processing power to track and verify cryptocurrency transactions in a distributed ledger. In digital currencies like Bitcoin, the verification process is known as mining and it can be financially profitable for the agents who engage in it.  

Cryptomining malware most often infects a computer when a user unknowingly downloads malware. Attackers typically embed infected code in other programs or files in order to bypass a system's security. Because cryptomining software runs in the background, a user might not realize they have been the victim of an attack until they experience a graceful degradation of service. To defend against this type of attack, security experts recommend individuals keep software up-to-date and network administrators perform regular penetration tests.

The act of infecting a computing device with malicious code is known as cryptojacking. A large-scale cryptojacking attack took place in February 2019, when a virus called CookieMiner was launched against Apple products. Large-scale attacks have also be aimed at networks and servers, targeting multiple machines at once.

This was last updated in February 2019

Continue Reading About cryptomining malware

SearchCompliance

SearchSecurity

  • cyber attack

    A cyber attack is any attempt to gain unauthorized access to a computer, computing system or computer network with the intent to ...

  • backdoor (computing)

    A backdoor is a means to access a computer system or encrypted data that bypasses the system's customary security mechanisms.

  • post-quantum cryptography

    Post-quantum cryptography, also called quantum encryption, is the development of cryptographic systems for classical computers ...

SearchHealthIT

SearchDisasterRecovery

  • risk mitigation

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

  • call tree

    A call tree is a layered hierarchical communication model that is used to notify specific individuals of an event and coordinate ...

  • Disaster Recovery as a Service (DRaaS)

    Disaster recovery as a service (DRaaS) is the replication and hosting of physical or virtual servers by a third party to provide ...

SearchStorage

Close