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Category — cryptocurrency mining
Google Bans Cryptocurrency Mining Extensions From Chrome Web Store

Google Bans Cryptocurrency Mining Extensions From Chrome Web Store

Apr 03, 2018
In an effort to prevent cryptojacking by extensions that maliciously mine digital currencies without users' awareness, Google has implemented a new Web Store policy that bans any Chrome extension submitted to the Web Store that mines cryptocurrency. Over the past few months, we have seen a sudden rise in malicious extensions that appear to offer useful functionality, while embedding hidden cryptocurrency mining scripts that run in the background without the user's knowledge. Last month, cryptocurrency miners were even found in a Russian nuclear weapons lab and on thousands of government websites . In January, cryptocurrency mining malware also infected more than half-million PCs . Until now, only those cryptocurrency mining extensions were allowed on the Chrome Web Store that are solely intended for mining, and explicitly informed users about its working and revenue model. If the company finds any mining extension developers submitted was not in compliance and secre
Mac Software Mines Cryptocurrency in Exchange for Free Access to Premium Account

Mac Software Mines Cryptocurrency in Exchange for Free Access to Premium Account

Mar 13, 2018
Nothing comes for free, especially online. Would you be okay with allowing a few paid services to mine cryptocurrencies using your system instead of paying the subscription fee? Most free websites and services often rely on advertising revenue to survive, but now there is a new way to make money—using customers' computer to generate virtual currencies. It was found that a scheduling app, dubbed Calendar 2, was embracing cryptocurrency mining in exchange for free access to its app premium features, but the developer has to take it down from the Apple App Store following reports that it's not working as intended. Cryptocurrency mining is not a new concept, but the technology has recently exploded after hackers found it a great way to make millions of dollars by hijacking computers to secretly perform cryptocurrency mining in the background without users' knowledge or consent. Due to this cryptocurrency mining has emerged as one of the biggest threats in recent mon
5 Actionable Steps to Prevent GenAI Data Leaks Without Fully Blocking AI Usage

5 Actionable Steps to Prevent GenAI Data Leaks Without Fully Blocking AI Usage

Oct 01, 2024Generative AI / Data Protection
Since its emergence, Generative AI has revolutionized enterprise productivity. GenAI tools enable faster and more effective software development, financial analysis, business planning, and customer engagement. However, this business agility comes with significant risks, particularly the potential for sensitive data leakage. As organizations attempt to balance productivity gains with security concerns, many have been forced to choose between unrestricted GenAI usage to banning it altogether. A new e-guide by LayerX titled 5 Actionable Measures to Prevent Data Leakage Through Generative AI Tools is designed to help organizations navigate the challenges of GenAI usage in the workplace. The guide offers practical steps for security managers to protect sensitive corporate data while still reaping the productivity benefits of GenAI tools like ChatGPT. This approach is intended to allow companies to strike the right balance between innovation and security. Why Worry About ChatGPT? The e
New Cryptocurrency Mining Malware Infected Over 500,000 PCs in Just Few Hours

New Cryptocurrency Mining Malware Infected Over 500,000 PCs in Just Few Hours

Mar 08, 2018
Two days ago, Microsoft encountered a rapidly spreading cryptocurrency-mining malware that infected almost 500,000 computers within just 12 hours and successfully blocked it to a large extent. Dubbed Dofoil , aka Smoke Loader , the malware was found dropping a cryptocurrency miner program as payload on infected Windows computers that mines Electroneum coins, yet another cryptocurrency, for attackers using victims' CPUs. On March 6, Windows Defender suddenly detected more than 80,000 instances of several variants of Dofoil that raised the alarm at Microsoft Windows Defender research department, and within the next 12 hours, over 400,000 instances were recorded. The research team found that all these instances, rapidly spreading across Russia, Turkey, and Ukraine, were carrying a digital coin-mining payload, which masqueraded as a legitimate Windows binary to evade detection. However, Microsoft has not mentioned how these instances were delivered to such a massive audienc
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2024 State of SaaS Security Report eBook

websiteWing SecuritySaaS Security / Insider Threat
A research report featuring astonishing statistics on the security risks of third-party SaaS applications.
Thousands of Government Websites Hacked to Mine Cryptocurrencies

Thousands of Government Websites Hacked to Mine Cryptocurrencies

Feb 12, 2018
There was a time when hackers simply defaced websites to get attention, then they started hijacking them to spread banking trojan and ransomware, and now the trend has shifted towards injecting scripts into sites to mine cryptocurrencies. Thousands of government websites around the world have been found infected with a specific script that secretly forces visitors' computers to mine cryptocurrency for attackers. The cryptocurrency mining script injection found on over 4,000 websites, including those belonging to UK's National Health Service (NHS), the Student Loan Company, and data protection watchdog Information Commissioner's Office (ICO), Queensland legislation, as well as the US government's court system. Users who visited the hacked websites immediately had their computers' processing power hijacked, also known as cryptojacking, to mine cryptocurrency without their knowledge, potentially generating profits for the unknown hacker or group of hackers.
Russian Scientists Arrested for Using Nuclear Weapon Facility to Mine Bitcoins

Russian Scientists Arrested for Using Nuclear Weapon Facility to Mine Bitcoins

Feb 10, 2018
Two days ago when infosec bods claimed to have uncovered what's believed to be the first case of a SCADA network (a water utility) infected with cryptocurrency-mining malware, a batch of journalists accused other authors of making fear-mongering headlines, taunting that the next headline could be about cryptocurrency-miner detected in a nuclear plant. It seems that now they have to run a story themselves with such headlines on their website because Russian Interfax News Agency yesterday reported that several scientists at Russia's top nuclear research facility had been arrested for mining cryptocurrency with "office computing resources." The suspects work as engineers at the Russian Federation Nuclear Center facility—also known as the All-Russian Research Institute of Experimental Physics—which works on developing nuclear weapons. The center is located in Sarov, Sarov is still a restricted area with high security. It is also the birthplace of the Soviet Uni
How to Mitigate the Threat Cryptocurrency Mining Poses to Enterprise Security

How to Mitigate the Threat Cryptocurrency Mining Poses to Enterprise Security

Feb 05, 2018
The growing popularity of Bitcoin and other cryptocurrencies is generating curiosity—and concern—among security specialists. Crypto mining software has been found on user machines, often installed by botnets. Organizations need to understand the risks posed by this software and what actions, if any, should be taken. To better advise our readers, we reached out to the security researchers at Cato Networks. Cato provides a cloud-based SD-WAN that includes FireWall as a Service (FWaaS) . Its research team, Cato Research Labs, maintains the company's Cloud IPS, and today released a list of crypto mining pool addresses that you can use as a blacklist in your firewall. (To download the list, visit this page .) Cato Research Labs determined crypto mining represents a moderate threat to the organization. Immediate disruption of the organization infrastructure or loss of sensitive data is not likely to be a direct outcome of crypto mining. However, there are significant risks of i
Cryptocurrency Mining Malware Infected Over Half-Million PCs Using NSA Exploit

Cryptocurrency Mining Malware Infected Over Half-Million PCs Using NSA Exploit

Feb 01, 2018
2017 was the year of high profile data breaches and ransomware attacks, but from the beginning of this year, we are noticing a faster-paced shift in the cyber threat landscape, as cryptocurrency-related malware is becoming a popular and profitable choice of cyber criminals. Several cybersecurity firms are reporting of new cryptocurrency mining viruses that are being spread using EternalBlue —the same NSA exploit that was leaked by the hacking group Shadow Brokers and responsible for the devastating widespread ransomware threat WannaCry . Researchers from Proofpoint discovered a massive global botnet dubbed "Smominru," a.k.a Ismo, that is using EternalBlue SMB exploit (CVE-2017-0144) to infect Windows computers to secretly mine Monero cryptocurrency, worth millions of dollars, for its master. Active since at least May 2017, Smominru botnet has already infected more than 526,000 Windows computers, most of which are believed to be servers running unpatched versions of Wi
Beware of Cryptocurrency Mining Virus Spreading Through Facebook Messenger

Beware of Cryptocurrency Mining Virus Spreading Through Facebook Messenger

Dec 22, 2017
If you receive a video file ( packed in zip archive ) sent by someone ( or your friends ) on your Facebook messenger — just don't click on it. Researchers from security firm Trend Micro are warning users of a new cryptocurrency mining bot which is spreading through Facebook Messenger and targeting Google Chrome desktop users to take advantage of the recent surge in cryptocurrency prices. Dubbed Digmine , the Monero-cryptocurrency mining bot disguises as a non-embedded video file, under the name "video_xxxx.zip" (as shown in the screenshot), but is actually contains an AutoIt executable script. Once clicked, the malware infects victim's computer and downloads its components and related configuration files from a remote command-and-control (C&C) server. Digimine primarily installs a cryptocurrency miner, i.e.  miner.exe—a modified version of an open-source Monero miner known as XMRig —which silently mines the Monero cryptocurrency in the background for h
Greedy North Korean Hackers Targeting Cryptocurrencies and Point-of-Sale Terminals

Greedy North Korean Hackers Targeting Cryptocurrencies and Point-of-Sale Terminals

Dec 20, 2017
The North Korean hacking group has turned greedy. Security researchers have uncovered a new widespread malware campaign targeting cryptocurrency users, believed to be originated from Lazarus Group , a state-sponsored hacking group linked to the North Korean government. Active since 2009, Lazarus Group has been attributed to many high profile attacks, including Sony Pictures Hack , $81 million heists from the Bangladesh Bank , and the latest — WannaCry . The United States has officially blamed North Korea for global WannaCry ransomware attack that infected hundreds of thousands of computers across more than 150 countries earlier this year. In separate news, security experts have blamed Lazarus group for stealing bitcoins worth millions from the South Korean exchange Youbit , forcing it to shut down and file for bankruptcy after losing 17% of its assets. Researchers from security firm Proofpoint have published a new report, revealing a connection between Lazarus Group and a
This New Android Malware Can Physically Damage Your Phone

This New Android Malware Can Physically Damage Your Phone

Dec 19, 2017
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
Cryptocurrency Mining Scripts Now Run Even After You Close Your Browser

Cryptocurrency Mining Scripts Now Run Even After You Close Your Browser

Nov 30, 2017
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
Hacker Hijacks CoinHive's DNS to Mine Cryptocurrency Using Thousands of Websites

Hacker Hijacks CoinHive's DNS to Mine Cryptocurrency Using Thousands of Websites

Oct 25, 2017
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
Hackers Exploiting Microsoft Servers to Mine Monero - Makes $63,000 In 3 Months

Hackers Exploiting Microsoft Servers to Mine Monero - Makes $63,000 In 3 Months

Sep 28, 2017
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 Pirate Bay Caught Running Browser-Based Cryptocurrency Miner

The Pirate Bay Caught Running Browser-Based Cryptocurrency Miner

Sep 19, 2017
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
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