{"id":197702,"date":"2022-07-28T18:53:26","date_gmt":"2022-07-28T13:23:26","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=197702"},"modified":"2022-07-28T18:53:26","modified_gmt":"2022-07-28T13:23:26","slug":"explained-what-is-cryptojacking-the-cyber-attack-carried-out-by-crypto-miners","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/explained-what-is-cryptojacking-the-cyber-attack-carried-out-by-crypto-miners\/","title":{"rendered":"Explained: What is cryptojacking, the cyber attack carried out by crypto miners?"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the artic<\/span><b>le \u201cExplained: What is cryptojacking, the cyber attack carried out by crypto miners?\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> Indian Express <\/b>on <b>28th July 2022.<\/b><\/p>\n<h5><b>What is the News?<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">According to a report, <\/span><span style=\"font-weight: 400;\">Cryptojacking attacks on computer systems have gone up by 30% to 66.7 million in the first half of 2022 compared to the first half of last year.<\/span><\/p>\n<h5><b>What is Cryptojacking?\u00a0<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Cryptojacking is a cyber attack wherein a computing device is hijacked and controlled by the attacker and its resources are used to illicitly mine cryptocurrency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In most cases, the malicious programme is installed when the user clicks on an unsafe link, or visits an infected website \u2014 and unknowingly provides access to their Internet-connected device.<\/span><\/p>\n<h5><b>What is the reason behind cryptojacking?\u00a0<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Coin mining is a legitimate, competitive process used to release new crypto coins into circulation or to verify new transactions. It involves solving complex computational problems to generate blocks of verified transactions that get added to the blockchain. The reward for the first miner who successfully manages to update the crypto ledger through this route is crypto coins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the race to crack this crypto code needs considerable computing power involving state-of-the-art hardware and electrical power to keep the systems involved up and running.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cryptojackers co-opt devices, servers and cloud infrastructure, and use their resources for mining. The use of \u2018stolen\u2019 or cryptojacked resources slashes the cost involved in mining.<\/span><\/p>\n<h5><b>Why is cryptojacking a concern?\u00a0<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Cryptojacking is hard to detect and the victims of these attacks mostly remain unaware that their systems have been compromised. Some telltale signs are the device slowing down, heating up or the battery getting drained faster than usual.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cExplained: What is cryptojacking, the cyber attack carried out by crypto miners?\u201d published in Indian Express on 28th July 2022. What is the News? According to a report, Cryptojacking attacks on computer systems have gone up by 30% to 66.7 million in the first half of 2022&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/explained-what-is-cryptojacking-the-cyber-attack-carried-out-by-crypto-miners\/\">Continue reading <span class=\"screen-reader-text\">Explained: What is cryptojacking, the cyber attack carried out by crypto miners?<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1738,9],"tags":[10500],"class_list":["post-197702","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-science-and-technology-daily-factly-articles","category-public","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/197702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=197702"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/197702\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=197702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=197702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=197702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}