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

SearchNetworking
  • network packet

    A network packet is a basic unit of data that's grouped together and transferred over a computer network, typically a ...

  • virtual network functions (VNFs)

    Virtual network functions (VNFs) are virtualized tasks formerly carried out by proprietary, dedicated hardware.

  • network functions virtualization (NFV)

    Network functions virtualization (NFV) is a network architecture model designed to virtualize network services that have ...

SearchSecurity
  • data breach

    A data breach is a cyber attack in which sensitive, confidential or otherwise protected data has been accessed or disclosed in an...

  • insider threat

    An insider threat is a category of risk posed by those who have access to an organization's physical or digital assets.

  • data compliance

    Data compliance is a process that identifies the applicable governance for data protection, security, storage and other ...

SearchCIO
  • data privacy (information privacy)

    Data privacy, also called information privacy, is an aspect of data protection that addresses the proper storage, access, ...

  • leadership skills

    Leadership skills are the strengths and abilities individuals demonstrate that help to oversee processes, guide initiatives and ...

  • data governance policy

    A data governance policy is a documented set of guidelines for ensuring that an organization's data and information assets are ...

SearchHRSoftware
SearchCustomerExperience
  • recommerce

    Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them.

  • implementation

    Implementation is the execution or practice of a plan, a method or any design, idea, model, specification, standard or policy for...

  • first call resolution (FCR)

    First call resolution (FCR) is when customer service agents properly address a customer's needs the first time they call.

Close