With the booming value of digital currency, numerous hackers are rolling out schemes to unwittingly trap or trick more likely, the regular web users into mining for them. The most recent scheme to hoodwink people into mining cryptographic money is exploiting Facebook Messenger by means of some shrewd malware.The malware being distributed by means of Messenger is mining Monero, a contrasting option to the wildly important and volatile Bitcoin. The software is a type of a modified version of the open source mining program XMRig which the bot sets to start automatically.

The bot was detected by cyber security firm Trend Micro, which says "Digimine" is intended to resemble a video file. Security researchers likewise said that "Digmine" is focusing on as many machines as could be allowed, with a specific end goal to earn monero (the alternative to bitcoin) for its makers.

It is spread via a fake video that seems to have been sent from somebody from within the victim's friend list. Once opened the 'video' installs a malevolent code which then proceeds to compromise the desktop version of Facebook Messenger when used with Google Chrome.The hackers at that point gain an off the record access into the users Facebook account where they can get to the contacts lists to additionally spread the malware. The profits made from this illegal computer jacking are sent to the attacker's encrypted Monero wallet.

"If the user’s Facebook account is set to log in automatically, Digmine will manipulate Facebook Messenger in order to send a link to the file to the account’s friends," the researchers said. "The abuse of Facebook is limited to propagation for now, but it wouldn’t be implausible for attackers to hijack the Facebook account itself down the line."

 However this isn't the first or last time mining malware has been utilized to exploit systems, back in October a malignant program called Coinhive was installed into various compromised applications on Google Play.

In a time where on one hand hackers are constantly hijacking devices to mine cryptographic money and are becoming increasingly regular as there is a rapid increase in the value of the digital currencies in the present market, extra caution is thoroughly recommended for the heavy users of social media.