Malware designed to encrypt files for ransom or to hijack systems for cryptocurrency mining.
Crypto malware refers to two distinct threat types: ransomware that encrypts files for ransom (using cryptography maliciously), and cryptojacking malware that hijacks computing resources to mine cryptocurrency. Both exploit victims for financial gain—ransomware through extortion, cryptojacking through stolen computing power. The term's dual meaning can cause confusion, so context usually clarifies which threat is being discussed.
Why It Matters
The DSC Perspective:
Both crypto malware types have financial impact—ransomware through direct extortion, cryptojacking through increased energy costs and degraded performance. Endpoint protection should detect both.