A Systematic Study About Crypto Jacking

Abstract

In this paper, we examine Crypto Jacking which is the significant threat to the world and how this threat is handled by the advanced technologies like Artificial Intelligence. Cryptocurrencies are based on blockchain, a distributed public ledger that keeps track of all transactions that are updated and held by currency holders. Rise of the Cryptocurrency has also led to the rise of Crypto-malware. Crypto jacking is a type of cyber-attack in which cyber criminals use the target's computational power illegally for mining cryptocurrencies. The worldwide danger landscape is becoming dominated by crypto-jacking. The European Union Agency for Cybersecurity's (ENISA) annual study ranked crypto jacking as the third most common cybersecurity threat in 2021. Monero (NMR) is the most popular cryptocurrency for malicious mining since it offers a high level of anonymity for the users and their transactions. Coin Hive is an in-built browser for cryptocurrency mining and this browser allows the malicious software and their programs to mine the Monero (XMR). Though Coin Hive was used legally for the purposes like raising funds it was predominately used for these kinds of illegal mining activities.