Glossary

Cryptomining

Cryptocurrencies require large amounts of computer power to be created, or “mined”. Some legitimate companies specialize in mass cryptomining through dedicated mining farms.Cyber criminals and fraudsters, however, like to deploy cryptomining viruses or bots on unsuspecting users’ computers, or even organizations’ servers. This allows them to mine at scale, without spending extra money on equipment or resources like electricity.

Get Started Today

Experience how FraudNet can help you reduce fraud, stay compliant, and protect your business and bottom line

Recognized as an Industry Leader by