Unless you’ve been living in a bunker in the past couple of months, you have probably heard about bitcoin. Maybe you’re a total nerd and have been mining them like your life depends on it. Or maybe you’ve scrolled on by, thinking it’s just another trend that’s surely to die down soon, to be stored in our memory along with useless things, such as Crystal Pepsi and Tamagotchi.

In a nutshell, there are two ways to obtain bitcoin: Either you purchase them, or you mine them. Buying them seems easier, but by mining them, you’ll get a lot more; and considering how much they’ve increased in value in the past few weeks, the more you mine, the more you’ll feel like you’re making it rain.

How does cryptojacking work?

That said, those who opt for mining usually end up with high electricity bills, since doing so uses up so much power. So what’s a hacker to do when they want to mine without having to pay? Why, of course! They hijack your systems and mine from them. That way, you, my dearest reader, get stuck with that bill, while they reap all the benefits.

Now, here’s were it gets scarier: Everyone with common sense knows not to click on links or attachments from unknown sources. However, with cryptojacking, a person’s systems can get infected simply by visiting certain websites.

What can you do to protect your business?

You could go the easy route and install an ad blocker. If you want to play it safely, it would serve you well to consult with a Managed Security Service (MSS) provider, to review your systems and patch any issues. At Source 1 Solutions, we are happy to provide IT services to clients in over 90 countries. Contact us and see what we can do for you.

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