Common Cryptocurrency Malware You Should be Wary Of

We now have various types of cryptocurrencies, thanks to the rise in demand for this novel form of money. Moreover, many vendors are now accepting payments in the form of cryptocurrencies. Therefore, the popularity of cryptocurrencies is set to remain high in the near future.

However, the fact that cryptocurrencies are based on the internet means that hackers can take advantage of the systems upon which the currencies are based. Besides, there are many types of malware programs that operate on cryptocurrency platforms. Here are some of the cryptocurrency-based malware programs that you should watch out for at all times.

CoinKrypt

This malware program targets people who use smartphones to mine cryptocurrencies. The modus operandi of this malware program is to hijack the resources of a smartphone during the process of mining cryptocurrencies. The end result is that the malware program limits the capacity of the person using the phone to mine the coins.

Miner C

Miner C is another common form of cryptocurrency-based malware program. This malware program targets people who use the Network-Attached Storage boxes. Hackers use this form of malware to target people who use these devices. The hackers can surreptitiously hack into the systems of people who own cryptocurrencies and secretly siphon the currencies.

F0xy

As the name suggest, F0xy is another dangerous cryptocurrency-based malware program. The malware program takes advantage of an important Windows component called the Background Intelligent Transfer System (BITS). BITS prevents anti-malware programs from inhibiting important security processes from taking place on Windows-based computers. F0xy takes advantage of this feature to hide from users and exploit their cryptocurrency resources.

In conclusion, you need to watch out for any of these three types of malware programs if you are a user of cryptocurrencies. The best way to keep safe from these malware programs is to use a VPN service like hide.me when accessing cryptocurrency sites. hide.me automatically scans all the sites you visit for potential dangers, thus keeping you safe.

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