• About the site - Computer News Deals.com
  • Computer News Deals.com is a web portal with very unique concept of news blended with other important aspects of computer and internet technology.
Home : December 02 2013 Computer News : Sneaky software turns your PC into a Bitcoin-mining zombie -- and owns up to it in the EULA

Sneaky software turns your PC into a Bitcoin-mining zombie -- and owns up to it in the EULA

December 02, 2013

As the Bitcoin bubble inflates to over $1,000 per unit, legions of newcomers are scrambling to join the digital gold rush. For some companies, that means accepting the currency at online checkout counters; for others, it means releasing PC hardware designed to "mine" new Bitcoins at blistering rates. But an unscrupulous few have turned in a more sinister direction, covertly converting users' hardware into Bitcoin-mining zombies. Read: 7 things you need to know about Bitcoin The E-Sports Entertainment recently agreed to pay a $1 million settlement after secretly installing Bitcoin mining software on more than 14,000 computers nationwide. But this holiday weekend, the makers of the superb Malwarebytes anti-malware software shined a light on a new type of malicious miner—one that announces its plans right in the installation agreement. Malwarebytes says that the "Your Free Proxy" software by We Build Toolbars, LLC, includes the innocently named "Monitor.exe," which not-so-innocently "beacons out constantly, waiting for commands from a remote server, eventually downloading the [jhProtominer mining software] and installing it on the system." Bitcoin mining is an intensive process that strains your CPU and GPU alike, to the point of drastically slowing down your system (depending on your setup). To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2068102/sneaky-software-turns-your-pc-into-a-bitcoin-mining-zombie-and-owns-up-to-it-in-the-eula.html#tk.rss_all
Related News
MacBook Pro i5 13" Retina Laptop, $50 Best Buy GC for $1,600 + pickup
Akamai to buy DDoS protection specialist Prolexic
Shadoobie App Makes Sharing Your Favorite Product Moments That Much Easier This Holiday Season
Smart Fashion and Bookselling Mobile App Kicks Off Crowdfunding Campaign