Hackers hijack YouTube ads with Coinhive to mine Monero cryptocurrency

The clandestine mining of cryptocurrency is something that we have seen in various forms over the last year or so, in website code and Android apps. A new discovery by security firm Trend Micro shows that hackers have found a way to inject Coinhive mining code into ads that appear on YouTube. The crypto-jacking technique means that hackers have been able to profit by using other people's CPU time to mine the Monero cryptocurrency while they watch videos. Trend Micro reports that there has been a huge increase in Coinhive web miner detections in recent days, with hackers abusing Google's… [Continue Reading]