cryptocurrency mining | Breaking Cybersecurity News | The Hacker News

Due to the recent surge in cryptocurrency prices, not only hackers but also legitimate website administrators are increasingly using JavaScript-based cryptocurrency miners to monetize by levying the CPU power of your PC to mine Bitcoin or other cryptocurrencies. Just last week, researchers from AdGuard discovered that some popular video streaming and ripper sites including openload, Streamango, Rapidvideo, and OnlineVideoConverter hijacks CPU cycles from their over hundreds of millions of visitors for mining Monero cryptocurrency. Now, researchers from Moscow-based cyber security firm Kaspersky Lab have uncovered a new strain of Android malware lurking in fake anti-virus and porn applications, which is capable of performing a plethora of nefarious activities—from mining cryptocurrencies to launching Distributed Denial of Service (DDoS) attacks. Dubbed Loapi , the new Android Trojan can perform so many more malicious activities at a time that can exploit a handset to the e

Some websites have found using a simple yet effective technique to keep their cryptocurrency mining javascript secretly running in the background even when you close your web browser. Due to the recent surge in cryptocurrency prices, hackers and even legitimate website administrators are increasingly using JavaScript-based cryptocurrency miners to monetize by levying the CPU power of their visitor's PC to mine Bitcoin or other cryptocurrencies. After the world's most popular torrent download website, The Pirate Bay , caught secretly  using Coinhive , a browser-based cryptocurrency miner service, on its site last month, thousands of other websites also started using the service as an alternative monetization model to banner ads. However, websites using such crypto-miner services can mine cryptocurrencies as long as you're on their site. Once you close the browser window, they lost access to your processor and associated resources, which eventually stops mining. Un

Identities now transcend human boundaries. Within each line of code and every API call lies a non-human identity. These entities act as programmatic access keys, enabling authentication and facilitating interactions among systems and services, which are essential for every API call, database query, or storage account access. As we depend on multi-factor authentication and passwords to safeguard human identities, a pressing question arises: How do we guarantee the security and integrity of these non-human counterparts? How do we authenticate, authorize, and regulate access for entities devoid of life but crucial for the functioning of critical systems? Let's break it down. The challenge Imagine a cloud-native application as a bustling metropolis of tiny neighborhoods known as microservices, all neatly packed into containers. These microservices function akin to diligent worker bees, each diligently performing its designated task, be it processing data, verifying credentials, or

When yesterday I was reporting about the sudden outbreak of another global ransomware attack ' Bad Rabbit ,' I thought what could be worse than this? Then late last night I got my answer with a notification that Coinhive has been hacked — a popular browser-based service that offers website owners to embed a JavaScript to utilise their site visitors' CPUs power to mine the Monero cryptocurrency for monetisation. Reportedly an unknown hacker managed to hijack Coinhive's CloudFlare account that allowed him/her to modify its DNS servers and replace Coinhive's official JavaScript code embedded into thousands of websites with a malicious version. https://coin-hive[.]com/lib/coinhive.min.js Hacker Reused Leaked Password from 2014 Data Breach Apparently, hacker reused an old password to access Coinhive's CloudFlare account that was leaked in the Kickstarter data breach in 2014. "Tonight, Oct. 23th at around 22:00 GMT our account for our DNS provi

Mining cryptocurrencies can be a costly investment as it takes a monstrous amount of computing power, and thus hackers have started using malware that steals computing resources of computers it hijacks to make lots of dollars in digital currency. Security researchers at security firm ESET have spotted one such malware that infected hundreds of Windows web servers with a malicious cryptocurrency miner and helped cybercriminals made more than $63,000 worth of Monero (XMR) in just three months. According to a report published by ESET today, cybercriminals only made modifications to legitimate open source Monero mining software and exploited a known vulnerability in Microsoft IIS 6.0 to secretly install the miner on unpatched Windows servers. Although ESET's investigation does not identify the attackers, it reports that the attackers have been infecting unpatched Windows web servers with the cryptocurrency miner since at least May 2017 to mine 'Monero,' a Bitcoin-like

The world's popular torrent download website, The Pirate Bay , has again been in a new controversy—this time over secretly planting an in-browser cryptocurrency miner on its website that utilizes its visitors' CPU processing power in order to mine digital currencies. The Pirate Bay is the most popular and most visited file-sharing website predominantly used to share copyrighted material free of charge. The site has usually been in the news for copyright infringement by movie studios, music producers and software creators. The Pirate Bay has recently been caught generating revenue by secretly utilizing CPU power of its millions of visitors to mine a Bitcoin alternative called Monero without their knowledge. The modern Internet depends on advertising revenue to survive, which apparently sometimes spoils users' experience. But The Pirate Bay is trying to choose a different approach. Visitors to the Pirate Bay recently discovered a JavaScript-based cryptocurrency mine