If you enjoy watching free movies on the internet, you must know you are probably mining cryptocurrency. This technique is called cryptojacking, where the platforms in question are loading mining software on the users’ computers without them being aware of it. This software generates cryptocurrency for a platform called Monero.
Video streaming websites might be crytojacking nests
Adguard, a security firm, has just launched a warning for all people who are watching videos on websites like Streamango, Rapidvideo, OnlineVideoConverter, or Openload. As soon as they start watching something, their computer gets overloaded with a hidden mining software. Then, as long as they stay on the website, this software generates cryptocurrency. Of course, this happens without the knowledge of the users.
These websites have a huge number of visits per month, so they were the perfect place for cryptojacking. The practice is not unheard of, and it often takes advantage of user resources on such popular platforms.
You must have noticed that you have to click a video several times before it starts loading. Also, you have to wait before everything is downloaded. While you wait, this mining program gets loaded into your browser, without any notification. Therefore, you cannot know if you are a victim of cryptojacking. One possible sign would be the fact that your computer is running slow as the video is playing.
This calls for better security measures
The security researchers are amazed of how effective cryptojacking could be for platforms like Monero.
“The total monthly earnings from [this] cryptojacking, taking into account the current Monero rate, can reach $326,000. These are simply outrageous figures.”
Sometimes, the video players of these platforms are used on other sites as well. This might cause the mining program to run even when you’re not visiting a video streaming platform. It’s difficult to detect these malicious acts, as Monero gets easily mined and cannot be traced. In other words, this is the perfect cryptojacking technique.
This calls for better strategies against mining. If you have an ad blocker, good antivirus, or a special program against cryptojacking, you should be safe. However, security researchers need to constantly improve these safety methods, and never be caught unprepared.
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