As the world turns more and more towards the Internet of Things (IoT) to help us live our daily lives, it's only a matter of time until new threats arise to disrupt our way of life. So is the case with cryptojacking, a process used by criminals to hijack a person's internet-connected device to mine for cryptocurrency.
Scientific American wrote an excellent article on this very topic. According to the article, "Cyber criminals steal that power by sneaking malicious software containing cryptomining code onto PCs, smartphones and other internet-connected devices that, once infected, divert some of their processors’ capacity into solving the aforementioned calculations. Another type of cryptojacking attack occurs when internet users are tricked into visiting Web sites containing code that grabs part of their device’s processing power for as long as they visit the site."
Check out the full article right HERE.