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Cyber-Criminals could Harness People’s Computers for Creating Wealth

According to a study by B2B International and Kaspersky Lab, malware is used as a highly frequent means to threaten consumers on the Internet. For, 53 percent of respondents from South Africa stumbled upon malware or were attacked with it, with 22 percent actually getting victimized as an aftermath. Also, 26 percent of Internauts impacted with malware doesn't have any idea what way it got into their system.

The above results of the study therefore suggest that because of malware assaults' nature in today's circumstances, it has become ever-more essential for people towards deploying reliable security products for remaining protected. Gadget.co.za posted this, December 14, 2016.

Kaspersky, after conducting the study, reveals that cyber-criminals were knowledgeable about how end-users' computing power could be utilized for generating money, and they did it for themselves. The observation comes after the introduction Zcash, one fresh digital currency sporting encryption (also known as crypto-currency).

Zcash got introduced in October-end when its creators positioned it to be an increasingly safe substitute of Bitcoin. Immediately when Zcash coins were introduced, its price steeply rose followed with a hike towards installing the app required for churning Zcash on computers.

During several instances, the installation application came camouflaged as some other thing while users didn't get to know when criminals harnessed it on their computers for creating Zcash.

This harnessing app is unlike usual malware. It raises the extent of user computer's energy consumption while consumes the entire RAM. Indeed according to Kaspersky, the software is capable of eating up a maximum of 90% of the existing RAM.

Chief Security Expert Alexander Gostev of Kaspersky Lab's Global Research and Analysts Team elaborates that ultimately the Bitcoin generation has become insignificant because of huge resources and time required for obtaining even a tiny amount of the crypto-currency, so the Bitcoin generating botnets have faded away. But, the immensely popular introduction of Zcash could result in the revival of similar botnets, he adds.

For remaining safe, end-users require enhancing their expertise in cyber world while remain increasingly wary of the risks associated with browsing new websites alternatively viewing e-mails or clicking on applications from unknown quarters.

» SPAMfighter News - 12/20/2016

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