Cryptojacking and Cyber Crimes Related to Cryptocurrency
Cryptojacking is a type of cybercrime where criminals secretly use another individual’s or organization’s computer, mobile, or server processing power to mine cryptocurrency. Victims often remain unaware, though their system speed slows down and electricity consumption increases.
Other Cyber Crimes Related to Cryptocurrency
- Investment Fraud: Fake crypto investment platforms, bogus tokens, and Ponzi schemes deceive investors. In 2023, India suffered losses exceeding $44 million from crypto investment fraud, ranking among the top 5 most affected countries.
- Ransomware and Money Laundering: Criminals encrypt data and demand cryptocurrency as ransom, or transfer illegal funds through crypto wallets.
- Phishing and Fake Apps: People are tricked ....
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