a statement Avast Antivirus is a newly discovered malicious program for mining Monero.

The malware has been dubbed “Crackonosh”.

Crackonosh is distributed as a Trojan with a program that downloads torrent files.

The malware works alongside common antivirus programs and even disables some of its parts as part of anti-detection and forensic tactics.

Monero coin is said to be the best option for cybercriminals looking to hijack computing resources to mine cryptocurrency.

According to one report, the Monero mining malware is responsible for more than 4% of the XMR traded.

With the increase in piracy in 2021, this problem will gain momentum going forward.

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Crackonosh Software Network Hacks $2 Million in Monero Coin:

According to Avast, the Crackonosh malware is hidden in torrent files of popular games including NBA 2K19, Grand Theft Auto V, Far Cry 5 and The Sims 4.

Users put themselves at risk by visiting torrent sites to download and install games.

After installation, Crackonosh secretly uses computer processing power to mine Monero for hackers.

So far, Crackonosh has managed 9,000 XMR, which is valued at less than $2 million at the current price.

According to the Avast report:

Crackonosh’s main goal is to install XMRig, among all the wallets we found, there was one where we were able to find stats.

The pool sites showed payments of 9,000 XMR in total, with today’s prices in excess of $2,000,000.

Daniel Bennis, a researcher at Avast, has warned that infected users may experience noticeable slowdowns in computer performance or even higher-than-normal electricity bills.

According to an Avast report, 220,000 users have been infected worldwide, with Brazil, India, the United States and the Philippines identified as hotspots for Crackonosh.

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It has been estimated that up to 800 organs are infected per day.

But Bennis said the numbers are likely to be much higher because the data only represents devices with Avast installed.

He added:

The problem will continue as long as people continue to hack.

As long as people continue to download illegal software, such attacks will continue to generate profits for the attackers.

The key to this is that you can’t get something for nothing and when you try to steal software, chances are someone is trying to steal from you.

Data and statistics about hacking operations:

The aggregated data on piracy statistics shows that more than 50% of the recorded traffic goes to streaming websites, and torrent and direct download portals are also popular choices for users looking for free content.

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The numbers reveal a staggering impact on global losses and internet bandwidth.

Annual global revenue losses from digital piracy range from $40 to $97.1 billion in the film industry.

Illegal downloading of copyrighted material takes up 24% of global bandwidth.

It is estimated that users who download pirated material are 28 times more likely to be infected with malware.

The low cost and high returns of cryptocurrency malware make it an attractive proposition for hackers.

Additionally, researchers note that malicious mining is a growing threat that faces little opposition.

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