Hacking: forcibly mining "Monero" with other people's smartphone - 04.Mar.2018

Virtual currency mining exploited by crime

A professional hacker is targeted to Internet connection devices (smart phones and security cameras), which are relatively vulnerable to security, so that the risk of being changed to "tools for mining criminals' virtual currencies" unnoticed , Cyber Security Company has pointed out.

In the assumed attack, hackers take over the network of devices at the outset and minerize "Monero" by matching the computing power of those devices.

Although Monero is excellent in convenience as the most anonymous digital coin, on the other hand it is actually stigmatized as "virtual currency easy to be abused by crime" because of its high anonymity.