What is crypto malware?

Crypto malware, also known as crypto-mining malware, is malicious software installed by threat actors on victims' devices. It allows threat actors to mine cryptocurrencies using the victim’s computing resources without their knowledge.

What is crypto-malware & how does it work?

That said, crypto-malware leverage the compute/processing power of the victim’s system (s) to mine cryptocurrencies. Today, as the processing power and hardware expenses to mine cryptocurrencies like Bitcoin are astronomical, crypto-malware is gaining more popularity among cybercriminals. What is Crypto Malware?

What is crypto ransomware & how does it work?

While crypto malware uses a victim’s computational resources to mine cryptocurrencies, crypto ransomware is a malware that allows the attacker to encrypt the files stored on the victim’s device to extort money, mainly in the form of cryptocurrency.

What are some examples of a crypto virus?

CryptoWall is another famous example of a Crypto Virus. It usually spread through email as a malicious attachment or through infected websites and it has even been linked “to some ad sites that serve up advertising for many common websites users visit on a daily basis, further spreading its distribution.”