Mozilla has released an update for its Firefox browser which includes an option to block cryptocurrency mining scripts on websites.
The option is being offered alongside control of cookies and trackers in the “Privacy & Security” tab of the browser, where users can now also choose to tick a box that prevents “cryptominers” from running, Mozilla announced on its blog Tuesday.
Crypto-mining scripts on websites run in the browser, normally without users’ knowledge or consent, using the power of the computer processor to mine cryptocurrency for hackers’ personal gain.
“These scripts slow down your computer, drain your battery and rack up your electric bill,” Mozilla said.
The option to block mining scripts has been available in beta since the feature's initial launch in April, with Mozilla partnering with cybersecurity firm Disconnect for the service.
Illicit crypto mining, sometimes called crypto-jacking, is fast gaining in popularity with criminals (there are more legitimate uses too). The code that carries out the task of mining can be propagated by malware and placed directly within computer systems, or it can be placed on websites by hackers to mine using victims' machines through browsers.
A report from Skybox Security last year found that the method now account for 32 percent of all cyberattacks, while ransomware only makes up 8 percent.
In 2017, Skybox found that the situation was almost exactly reversed. While ransomware attacks – in which the data on an individual’s computer is encrypted by malware and only unlocked upon payment of a fee – made up 32 percent of all attacks, cryptojacking represented 7 percent of the total at the time.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.