How Your Computer Is Mining Cryptocurrencies Without You Even Knowing
How Your Computer Is Mining Cryptocurrencies Without You Even Knowing

How Your Computer Is Mining Cryptocurrencies Without You Even Knowing

What are Cryptocurrencies

Almost everyone knows about Cryptocurrencies just like IT Services in Abu Dhabi. It’s the hottest topic of investment right now and everybody has a say whether it’s a good or bad investment.

UAE currently does not consider cryptocurrencies as legal tender, which means you cannot force anyone to accept it in exchange of goods or services like the Dirham. Yet the country is keenly working to incorporate blockchain technology as a staple of the economic system in the near future.

The value of every cryptocurrency (the most know being Bitcoin) has regained their high valuation in 2021. Yet it requires a lot of processing power and high electricity bills to mine crypto; Thus this give a major incentive to groups or individuals to utilize other individuals or an organization’s IT System by a method which is known as cryptojacking.

What is cryptojacking.

Any entity using unauthorized methods and tactics to mine  cryptocurrency is called cryptojacking. Its methods of infecting are similar to ransomware.

Why you need the help of experienced IT Service provider in Dubai to avoid cryptojacking

Your IT system infrastructure can easily be effected by any employee without even installing anything by visiting an unscrupulous websites, click on a malicious link or link baits or sometimes even while viewing YouTube as it can be hidden in its ads as code.

cryptojacking is always evolving, hard to detect, easy to execute by someone with basic coding knowledge, mostly inert hard to detect and very profitable.

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Jackers can quietly hijack any component of your IT Infrastructure such as computers, IT servers, Mobile phones even cable routers, to quietly mine cryptocurrencies and this problem is only growing with the rise of crypto prices.

Unlike other forms of malware, cryptojacking only steals CPU processing resources which could means sluggish performance and borderline irritation apart from potential loss of revenue.

Organization with many cryptojacking systems can incur real costs in terms of high electricity bills, inferior IT infrastructure performance and even downtimes of servers and thus disrupting your business.

As some cryptomining scripts have worming abilities they can infect other devices and servers on your IT network. It also makes them harder to find and remove; maintaining persistence on a network is in the cryptojacker’s best financial interest.

Thus it is important to have an experienced and qualified IT Service provider in Abu Dhabi to be available 24 X 7 to look into your IT issues and rectify them. Our onsite IT help desk and support can track down performance issues and replacing components or systems to solve the problem at the earliest signs of detection.

How to prevent cryptojacking

Apart from having an IT support team onsite or on call to look after your IT Services in Dubai you can also use an anti-malware program which can mitigate the chances to a certain degree. You could also educate and train your employees on basic IT Training which will help protect you.

 

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