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Author: Admin | 2025-04-28
Blockchain & Cryptocurrency , Next-Generation Technologies & Secure Development Critics Cite Difficulty in Uninstalling Feature and Its Use of Electricity (dangun127) • January 7, 2022 Norton's FAQ page on its new crypto feature (Source: Norton) A new feature on popular antivirus product Norton 360 has left cybersecurity experts baffled, as the software company has made a play in the cryptocurrency space with a tool that will mine Ethereum while users' computers are idle.See Also: Revolutionizing Cross-Border Transactions with Permissioned DeFiIndustry observers say it is a puzzling move and that the feature may be difficult to uninstall. The company says the product is designed to make existing cryptomining safer.The new cloud-based feature, Norton Crypto, initially launched in July 2021 and allows users to maintain a private cryptocurrency wallet and take away 85% of what their devices mine, with Norton earning a 15% commission. The company says the feature is opt-in-only and must be enabled.Norton 360, owned by NortonLifeLock Inc., of Tempe, Arizona, says via an FAQ section on its website that Norton Crypto mines Ethereum while the client's computer is idle. The company says customer devices must meet certain criteria to run the cryptomining tool - including having a NVIDIA graphics card with at least 6 GB of memory."Norton creates a secure digital ethereum wallet for each user," the FAQ states. "The key to the wallet is encrypted and stored securely in the cloud. Only you have access to the wallet. Norton Crypto supports transfers of ethereum from your digital wallet
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