Difference between cryptojacking and legal cryptocurrency mining A priori, the biggest difference is that while legal mining is done with powerful equipment - and the group is paid accordingly, in cryptojacking there is the hijacking of information processing to achieve decryption. To explain further, virtual currencies are a type of decentralized virtual money (i.e. without state regulation), whose value transfer is carried out via blockchain. This basically consists of moving data through chains of information blocks, recorded in a public "ledger". Any transfer of these values, therefore, takes place on this chain. In order to be validated, it is necessary to generate the hash, an algorithm that creates an identifier for the set, confirming the transactions. ##
What are the risks of cryptojacking for companies? In principle, this activity causes less damage than other types of cybercrime. That doesn't mean, however, that it doesn't have serious consequences. The main risks are outlined below. **Loss of productivity** The greatest damage caused by hijacked devices is system slowdown. As a large part of the machine's processing capacity is dedicated to cryptocurrency mining, software performance becomes much lower, directly affecting productivity. **Decreased equipment lifespan** Using the maximum processing capacity of components such as video cards and motherboards can cause hardware to overheat. This causes computer equipment to deteriorate more quickly, impacting on the organization's expenses. **Gateway to other attacks** Once a company's network has been hacked, it becomes even more vulnerable to more serious threats. An example would be ransoware. **Company reputation** A website hacked to hijack visitors' devices can cause reputational risks for the business. If the case goes public, consumers will no longer feel safe accessing the company's website. if you like this kind of content, create a chat room here -> [CREATE A CHAT ROOM](https://chat-to.dev/createchat) so we can talk more about it"> Difference between cryptojacking and legal cryptocurrency mining A priori, the biggest difference is that while legal mining is done with powerful equipment - and the group is paid accordingly, in cryptojacking there is the hijacking of information processing to achieve decryption. To explain further, virtual currencies are a type of decentralized virtual money (i.e. without state regulation), whose value transfer is carried out via blockchain. This basically consists of moving data through chains of information blocks, recorded in a public "ledger". Any transfer of these values, therefore, takes place on this chain. In order to be validated, it is necessary to generate the hash, an algorithm that creates an identifier for the set, confirming the transactions. ##
What are the risks of cryptojacking for companies? In principle, this activity causes less damage than other types of cybercrime. That doesn't mean, however, that it doesn't have serious consequences. The main risks are outlined below. **Loss of productivity** The greatest damage caused by hijacked devices is system slowdown. As a large part of the machine's processing capacity is dedicated to cryptocurrency mining, software performance becomes much lower, directly affecting productivity. **Decreased equipment lifespan** Using the maximum processing capacity of components such as video cards and motherboards can cause hardware to overheat. This causes computer equipment to deteriorate more quickly, impacting on the organization's expenses. **Gateway to other attacks** Once a company's network has been hacked, it becomes even more vulnerable to more serious threats. An example would be ransoware. **Company reputation** A website hacked to hijack visitors' devices can cause reputational risks for the business. If the case goes public, consumers will no longer feel safe accessing the company's website. if you like this kind of content, create a chat room here -> [CREATE A CHAT ROOM](https://chat-to.dev/createchat) so we can talk more about it"> What is cryptojacking and what risks could it bring to your company?

What is cryptojacking and what risks could it bring to your company?

Your personal or work computer has probably been used to mine cryptocurrencies at some point in the last five years, without you even realizing it. This practice, called cryptojacking, is one of today's main cyber threats, but because it is silent, it goes unnoticed by many companies. ![cryptojacking](https://coinstelegram.com/wp-content/uploads/2018/09/CRYPTOJACKING.jpg) ##
What is cryptojacking? Cryptojacking is a type of cybercrime that consists of the unauthorized use of a third party's computer processing capacity in order to mine virtual currencies. In this practice, programs are run in the background on devices and network servers without the user realizing it. ##
How cryptojacking works The unauthorized use of devices to mine these values basically works in two ways. The most common way, called driven-by, is when the criminal installs JavaScript commands on web pages to perform the task. In these cases, the user only has to access these sites or click on infected banners to have the processing capacity of their personal machine hijacked. There are situations in which the action only lasts as long as the page is loaded. In other cases, however, a pop-up may run hidden for as long as the device remains connected. Another variation of this cybercrime works in the same way as classic malware. In other words, a malicious program is improperly installed on the computer or network servers, executing the commands programmed by the hacker. This software is usually spread through phishing, in which people are "hooked" with fake links and propagated, as a rule, by e-mail. ##
Difference between cryptojacking and legal cryptocurrency mining A priori, the biggest difference is that while legal mining is done with powerful equipment - and the group is paid accordingly, in cryptojacking there is the hijacking of information processing to achieve decryption. To explain further, virtual currencies are a type of decentralized virtual money (i.e. without state regulation), whose value transfer is carried out via blockchain. This basically consists of moving data through chains of information blocks, recorded in a public "ledger". Any transfer of these values, therefore, takes place on this chain. In order to be validated, it is necessary to generate the hash, an algorithm that creates an identifier for the set, confirming the transactions. ##
What are the risks of cryptojacking for companies? In principle, this activity causes less damage than other types of cybercrime. That doesn't mean, however, that it doesn't have serious consequences. The main risks are outlined below. **Loss of productivity** The greatest damage caused by hijacked devices is system slowdown. As a large part of the machine's processing capacity is dedicated to cryptocurrency mining, software performance becomes much lower, directly affecting productivity. **Decreased equipment lifespan** Using the maximum processing capacity of components such as video cards and motherboards can cause hardware to overheat. This causes computer equipment to deteriorate more quickly, impacting on the organization's expenses. **Gateway to other attacks** Once a company's network has been hacked, it becomes even more vulnerable to more serious threats. An example would be ransoware. **Company reputation** A website hacked to hijack visitors' devices can cause reputational risks for the business. If the case goes public, consumers will no longer feel safe accessing the company's website. if you like this kind of content, create a chat room here -> [CREATE A CHAT ROOM](https://chat-to.dev/createchat) so we can talk more about it

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jair_messias_bol jair_messias_bol

I believe that in the coming years, together with AI, the forms of attack will increase and with greater efficiency.