Detection and prevention of malicious cryptocurrency mining on internet-connected devices

Abstract

As technology evolves, more and more devices are connected to the Internet. The popularity and increasing significance of cryptocurriences are drawing attention, and crybercriminals are trying to utilize the resources and steal the processing power of these devices. It is highly likely that there are billions of devices that are maliciously mining cryptocurrency for the benefit of a cybercriminal without noticing the damage they may be causing. This paper is proposed because there is a huge need to professionally defend and protect against the misuse of assets in order to avoid losses, both financially and operationally, and how it is possible to mitigate with this rising trend.