Internet has been the source of some serious cyber scams. Even Search Engine Giant, Google is been affected by malware. YouTube is the latest victim of one of the newest cyber crime known as Cryptojacking.

What is Cryptojacking?

Cryptojacking is a process that hijacks other peoples’ computers to mine cryptocurrency for themselves.

YouTube bans pernicious Malicious Cryptojacking Advert
YouTube bans pernicious Malicious Cryptojacking Adverts

Last week, YouTube visitors noticed that their devices were slowing down. Few users also got notifications from their antivirus which warned them that they are under attack from a power-leeching program that uses a network of computers to mine cryptocurrency like Bitcoin or Ethereum.

However, YouTube has fixed a danger allowed adverts to siphon viewers’ computer power for mining cryptocurrency.

“Mining cryptocurrency through ads is a relatively new form of abuse that violates our policies and one that we’ve been monitoring actively,” a Google spokesman said.

“We enforce our policies through a multi-layered detection system across our platforms which we update as new threats emerge. In this case, the ads were blocked in less than two hours and the malicious actors were quickly removed from our platforms.”

Source: Telegraph

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