The Google Play store has banned applications related to cryptocurrency mining, according to a recent policy update for Google Play developers.
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“We don’t allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency,” the policy states.
In April, Google prohibited mining browser extensions from the Chrome web store, citing the applications failed to adhere to its single purpose policy.
Apple’s App Store updated its policy regarding the mining of cryptocurrencies, forbidding iOS developers to create these types of applications.
Russian cybersecurity company, Kaspersky Lab, has stated incidents of crypto-jacking, hijacking a user’s device to mine cryptocurrency, has risen by 44.5 percent over the previous year.
According to a report from Skybox Security, illicit cryptocurrency mining has now surpassed ransomware, accounting for 32 percent of all cyber attacks, while ransomware only accounts for eight percent. In December, those numbers were virtually everted.
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