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Home : April 05 2013 Computer News : Bitcoin mining malware spreading on Skype, researcher says

Bitcoin mining malware spreading on Skype, researcher says

April 05, 2013

Security researchers from Kaspersky Lab have identified a spam message campaign on Skype that spreads a piece of malware with Bitcoin mining capabilities. Bitcoin (BTC) is a decentralized digital currency that has seen a surge in popularity since the beginning of the year and is currently trading at over US$130 per unit making it an attractive investment for legitimate currency traders, but also cybercriminals. BTCs are generated according to a special algorithm on computers using their CPU and GPU resources. This operation is called Bitcoin mining and is usually performed by users who operate multi-GPU computer rigs. However, mining efforts can also be pooled for better results. Cybercriminals have figured out that distributed Bitcoin mining is a perfect task for botnets and have started developing malware that can abuse the CPUs and GPUs of infected computers to generate Bitcoins. To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2033287/bitcoin-mining-malware-spreading-on-skype-researcher-says.html#tk.rss_all
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