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What is Crypto Mining and Crypto Jacking?
Crypto Mining is the process used to attempt to generate cryptocurrency. It requires a substantial amount of resources and because of this, groups of people often join resources to gain more computing power. Cryto Mining in and of itself is not bad. It is almost impossible to create a coin with the resources you have access to.
Why is all this important to businesses? If your computers are being hijacked to mine for crypto currencies, then your employees’ computers are running slower which can cause a loss in productivity or cause you to purchase unneeded bandwidth or hardware. The scripts are easy to install and it is becoming more common for employees to intentionally add the software to machines at their offices.
It is more important than ever for businesses to make sure they have the proper security policies and procedures in place to help prevent these types of attacks.