|banning of cryptocurrency mining apps in Google play store/ Photo By ymgerman via Shutterstock|
Following Apple’s lead, Google has now started banning cryptocurrency mining apps from its Play Store.
According to a recent report from the Android Police, the company revealed its shift in a recent policy update for the developers of Google Play apps. The policy stated in detail that, “We don't allow apps that mine cryptocurrency on devices. We permit apps that remotely manage the mining of cryptocurrency.”
This particular restriction comes on the heels of ramped-up efforts by both Google and Apple to lessen activities that are related in any way to cryptocurrency mining on their respective platforms.
Earlier this year, Google started banning cryptocurrency mining browser extensions from their Chrome web browser after the company discovered that a large percent of these third-party extensions failed to comply with their specific policy, or had malicious tasks when installed.
Apple recently updated its mobile app policy for iOS developers to prohibit the use or application of anything related to mining cryptocurrency on their mobile devices.
Large cybersecurity giant, Kaspersky Lab, stated in a report that incidents of cryptojacking, in which bad actors hijack a consumer’s device for mining, has increased by more than 40% over the past year.
Similar to this, Skybox Security just reported a few days prior that malicious cryptocurrency mining has become more popular than ransomware. In a recent mid-year update, the company stated that crypto miners now take up more than 32% of all cyber attacks, while ransomware takes up only 8%. Just last year, those numbers were almost exactly reversed, and the problem continues to spike with the increasing popularity of this digital asset.