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Skype malware turns victim's machine into Bitcoin miner

New malware spreading via Skype turns a victim's machine into a Bitcoin miner.

@tracehagan
Published Fri, Apr 5 2013 4:31 PM CDT   |   Updated Tue, Nov 3 2020 12:23 PM CST

A new malware has been discovered by Kaspersky labs. The new malware spreads through Skype and turns the victim's computer into a Bitcoin miner. The victim's machine is then fully loaded to mine Bitcoins which is how the malware author makes money from the software.

Skype malware turns victim's machine into Bitcoin miner | TweakTown.com

The malware currently has a low detection rate. Kaspersky now identifies the malware as Trojan.Win32.Jorik.IRCbot.xkt. The malware is downloaded from a server in India. Once on the victim's machine, it pulls down more files from Hotfile, one of which is a Bitcoin mining application.

Bitcoin mining, explained more in-depth by Bitcoin, is a processor intensive task. The victim's CPU will be fully loaded mining Bitcoins, which are then given to the author of the malware. These Bitcoins are then used to turn a profit.

To stay safe, be sure to update your anti-virus software often and don't click any random links received via Skype.

NEWS SOURCE:thenextweb.com

Trace is a starving college student studying Computer Science. He has a love of the English language and an addiction for new technology and speculation. When he's not writing, studying, or going to class, he can be found on the soccer pitch, both playing and coaching, or on the mountain snowboarding.

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