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Thursday, December 7, 2017

Cybersecurity

We’re all at risk from Bitcoin

One bitcoin was worth over US$15,000 this week. No wonder there’s such a rush to find them. Picture: Dan Kitwood/Getty ImagesWEBSITES are using the power of your computer to tap into the current Bitcoin and cryptocurrency craze, hijacking your processor to ‘mine’ for coins while you are online.
It’s called cryptojacking, and runs instantly when you go onto certain websites, with no real way to tell on the surface if your computer has been compromised for digital profit.
If it has been compromised, not only is your information at risk, but your computer could overheat and eventually wear down over time if you continually get attacked.
Even if you have never owned any Bitcoin or other cryptocurrency, your computer could still be used by hackers, as what they want from you is the power of your processor. With other people’s computers working for them, hackers will then use an algorithm to find Bitcoin or other digital currencies anywhere in the world.

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