Tech content trusted by users in North America and around the world
6,728 Reviews & Articles | 46,196 News Posts
TRENDING NOW: AMD's dual Fiji chip spotted as Radeon R9 Gemini, is this the Fury X2?

Malware drains your battery and helps bad guys mine for cryptocurrency

New malware, although not widespread, gives a glimpse into what type of malware we could potentially see in the future
| Hacking & Security News | Posted: Mar 27, 2014 7:19 pm

The "Coinkrypt" malware is making its rounds, infecting Google Android devices, letting cybercriminals mine Litecoin, Casinocoin and Dogecoin courtesy of hijacked devices.




Most malware today is designed to either steal information or create some type of financial incentive for criminals - and Coinkrypt follows that same strategy, but with a rather unique twist.


Although it isn't prevalent at the moment, security researchers want users to be aware of the potential ramifications if they are infected - including potentially causing batteries to drain faster - or eventually leads to overheating.


"While mining as a strategy hasn't paid off for these malware authors, as these digital currencies continue to grow, we predict that the number of new malware families targeting them will also continue to grow as malware authors experiment with various different strategies in their desire to cash in," a blog by security firm Lookout indicates.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases