If you do not know much about cryptocurrencies, calm down, I will not complicate you with rocket-science explanations. Now the topic that interests us is your vulnerable Smart TV.
You have to know that mining cryptocurrencies is a very complex activity that requires a lot of resources.
Resources that devices such as computers, cell phones and your vulnerable Smart TV, of course you have. Here the problem is that a cracker could be using your TV to do this activity.
It’s as if a restaurant somehow infiltrated your electrical system to get free power. At the end of the month, you very quietly, open the electric consumption receipt and say “what the hell happened here?”.
Exactly that happens with the cryptocurrency mine. ESET researcher Tony Anscombe said in an interview: “We have seen Smart TV vulnerable to hacking infected with malware that cripples cryptocurrencies or that act in the background to analyze what you see on television.”
If your Smart TV becomes infected with this type of malware, the expense of resources can cause a serious failure in your systems. To give you an idea, we know of devices such as laptops or CPUs that have become deformed by the overheating caused by using this exaggerated amount of resources.
And your energy bill, on the other hand, would also be affected. If you think it is very unlikely that this can happen, you should look for how much a cryptocurrency miner can earn, then you will know what motivation is least needed.