What is Cryptocurrency Mining Malware?

What is Cryptocurrency Mining Malware?

Cryptocurrency mining malware is typically a stealthy malware that farms the resources on a system (computers, smartphones, and other electronic devices connected to the internet) to generate revenue for the cyber criminals controlling it. 

Instead of using video game consoles or graphics card farms, these particular cryptominers are using the computers and servers of the people around them for their processing power – without permission. This type of malware mines cryptocurrencies on the systems of their targets or even steals cryptocurrency from other targets, using its resources in such a way that the owner wouldn’t know.

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Via Sucuri.net

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