WHAT IS CRYPTOJACKING ? HOW CAN YOU BE PROTECTED FROM THIS THREAT

We see ads everywhere 

The Online Advertising Market was valued at 304.0 billion Dollars in 2019 and now it is expected to reach 982.82 billion Dollars by 2025.

Does ads are the only way that websites use to make money ?

The answer is a straight no

we are going to know about the another way that websites use to make money?

have you ever experienced that Cpu fan  of your computer making noise without you using any high end software just while browsing internet and phone gets heated while browsing internet

well "if you are a victim of crypto jacking you might have notice this." 

To understand the mechanics of the threat and how to protect yourself against it, let’s begin with a bit of background.

What is CryptoJacking?

cryptocurrency (display with wikipidea lines on video)

A cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a digital ledger or computerized database using strong cryptography to secure transaction record entries, to control the creation of additional digital coin records, and to verify the transfer of coin ownership

here comes the huge difference by which this sets apart from the rest of the currency in the world  

This uses bloclkchain technology

Blockchain technology is a decentralized technology where there is no third person involved in between the transaction 

that is the reason most of the hackers use it 

Unlike traditional currencies, cryptocurrencies like bitcoin aren’t backed by a specific government or bank. This allowed the digital currency to be untraceable.

Who created this ?

 

The first decentralized cryptocurrency created was Bitcoin by a developer Satoshi Nakamoto who is Anonymous till date.This is also the world's most widely used cryptocurrency.

how Crypto Jacking happens?

Cryptojackers have two way to enslave your computer.

 One method works like classic malware. You click on a malicious link in an email and it loads cryptomining code directly onto your computer. Once your computer is infected, the cryptojacker starts working around the clock to mine cryptocurrency while staying hidden in the background.

An alternative cryptojacking approach is sometimes called drive-by cryptomining. Similar to malicious advertising exploits, the scheme involves embedding a piece of JavaScript code into a Web page. After that, it performs cryptocurrency mining on user machines that visit the page.

This famous website "The Pirate Bay" used the same approach to mine cryptocurrency with their users who visits the website.

WATCH THIS VIDEO FOR MORE INFORMATION:

https://youtu.be/D9m-HBGxje4

HOW DO I PROTECT MYSELF FROM CRYPTOJACKING?

One obvious option is to block JavaScript in the browser that you use to surf the web. Although that interrupts the drive-by cryptojacking, this could likewise block you from using functions that you like and need. There are also specialized programs, such as “No Coin” and “MinerBlock,” which block mining activities in popular browsers. Both have extensions for Chrome, Firefox, and Opera. Opera’s latest versions even have NoCoin built in.

This dont only protect you from crypto jacking protects you from more than just cryptojacking. It also prevents from malware, ransomware, and several other online threats.