Cryptojacking

A couple of weeks ago, we blogged about Bitcoin, offering the Average Joe a basic course on this hot new crypto currency. Whether you’ve been keeping tabs on it, or mining like your life depends on it, it’s been a trending topic for months. And as with all new hot trends, there comes a whole new language related to it. Today’s hot topic? Cryptojacking.

How does it work?

To first understand how it works, you have to understand JavaScript. Since this is the coding that’s used to include multimedia on a page, any website that’s been created since the days of AOL will have it.

Now, Bitcoin mining results in ridiculously high electric bills. Why would someone with a hacker’s brilliant mind pay for that, when they can get you to do so?

Ladies and gentlemen, boys and girls, simply visiting a website that’s been hacked (any seemingly innocuous website, such as Showtime), may result in a hacker or two using your central processing unit (CPU) to pad their virtual wallets. You don’t even have to click on anything or download anything. The simple act of visiting the website is enough for cryptojacking to occur instantly; regardless of whether you’re visiting from a computer or a smart phone.

How do you like them apples?

What can you do to protect your business?

There are relatively simple ways you can try to protect yourself and your business, such as installing an ad blocker. You can also monitor your CPU’s activity to check if it’s been unusually high. That said, considering that there are so many insidious new ways to install malware, the most responsible thing to do would be to conduct a comprehensive health check of your database.

At Soaring Eagle, we can analyze your entire systems and recommend solutions specifically tailored to help you. Contact us and let’s talk about your options. We’d love to help your business stay protected and watch it soar with us.