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CoinKrypt Malware Uses Phones to Mine for Litecoin, Casinocoin and Dogecoin

28
Mar
2014

With virtual currencies becoming more and more valuable, cybercriminals are increasingly focusing their attention on hijacking devices and abusing them for mining operations. One example is the CoinKrypt malware analyzed by Lookout researchers. Experts have spotted CoinKrypt, which is designed to target Android devices, on some Spanish forums that offer pirated software. However, most of the infections appear to be in France. This piece of malware is simple, but it can be highly effic…

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