77% People In India Fear Their Handsets Are At Danger Due Crypto Mining Malware

Almost 77% of Indian users are concerned about crypto mining malware affecting their smarthome and personal devices. This is claimed in a new study performed by the Avast, the digital security provider.

The study, as per Avast, was conducted with the objective to know public knowledge and perceptions of crypto mining. Crypto mining is the malicious procedure of secretly mining crypto coins employing malware installed on a person’s device.

As per the study results, almost 1/4th (23%) of users in India are not worried about crypto mining malware attacking their gadgets. Amongst this 23% bunch, a 39% wrongly believe that crypto mining malware can’t impact them as they do not mine or own crypto currencies themselves.

As per the study, just 2/3rd (66%) of Indians have been aware of infected websites or malware mining crypto currencies. Its results recommend that Indian users accept an unconcerned attitude towards nasty crypto mining. This is the case in spite of the fact that 77% of users confessed that they are well known with digital currencies.

As per the study, 50% of consumers in India will select crypto mining for an ad-free experience online. There have been a couple of cases where sites have provided users the option between mining crypto currencies in the background or viewing ads.

“We are witnessing a noteworthy increment in cybercriminals employing IoT (Internet of Things) gadgets and handsets to botnets with the aim of mining crypto coins. The malware can operate secretly on any smart device in the background. At Avast, our goal is to dismiss the myths related with mean crypto mining and teach users about the dangers to device performance and personal data,” claimed security researcher at Avast, Martin Hron, to the media.

Speaking of Avast, earlier claimed that thousands of Android gadgets comprising those from companies such as Archos, ZTE, and myPhone are being exported with pre-planted malware all over the world.