mining cryptocurrency | Breaking Cybersecurity News | The Hacker News

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

Last month, we reported about a group of hackers exploiting SambaCry —a 7-year-old critical remote code execution vulnerability in Samba networking software—to hack Linux computers and install malware to mine cryptocurrencies. The same group of hackers is now targeting Windows machines with a new backdoor, which is a QT-based re-compiled version of the same malware used to target Linux. Dubbed CowerSnail , detected by security researchers at Kaspersky Labs as Backdoor.Win32.CowerSnail, is a fully-featured windows backdoor that allows its creators to remotely execute any commands on the infected systems. Wondering how these two separate campaigns are connected? Interestingly, the CowerSnail backdoor uses the same command and control (C&C) server as the malware that was used to infect Linux machines to mine cryptocurrency last month by exploiting the then-recently exposed SambaCry vulnerability. Common C&C Server Location — cl.ezreal.space:20480 SambaCry vulnerabi

Imagine a world where the software that powers your favorite apps, secures your online transactions, and keeps your digital life could be outsmarted and taken over by a cleverly disguised piece of code. This isn't a plot from the latest cyber-thriller; it's actually been a reality for years now. How this will change – in a positive or negative direction – as artificial intelligence (AI) takes on a larger role in software development is one of the big uncertainties related to this brave new world. In an era where AI promises to revolutionize how we live and work, the conversation about its security implications cannot be sidelined. As we increasingly rely on AI for tasks ranging from mundane to mission-critical, the question is no longer just, "Can AI  boost cybersecurity ?" (sure!), but also "Can AI  be hacked? " (yes!), "Can one use AI  to hack? " (of course!), and "Will AI  produce secure software ?" (well…). This thought leadership article is about the latter. Cydrill  (a

Remember SambaCry ? Two weeks ago we reported about a 7-year-old critical remote code execution vulnerability in Samba networking software (re-implementation of SMB networking protocol) that allows a remote hacker to take full control of a vulnerable Linux and Unix machines. To know more about the SambaCry vulnerability (CVE-2017-7494) and how it works, you can read our previous article . At that time, nearly 485,000 Samba-enabled computers were found to be exposed on the Internet, and researchers predicted that the SambaCry-based attacks also have potential to spread just like WannaCry ransomware widely. The prediction came out to be quite accurate, as honeypots set up by the team of researchers from Kaspersky Lab have captured a malware campaign that is exploiting SambaCry vulnerability to infect Linux computers with cryptocurrency mining software. Another security researcher, Omri Ben Bassat‏, independently discovered  the same campaign and named it "EternalMiner

Every time a new topic trends on the Internet, scammers take advantage of it. You must have heard of Bitcoin and how in recent days it has made some early investors millionaire overnight. Yes, the Bitcoin boom is back, and it's real — a digital currency that has just crossed a new milestone today. The current price of 1 BTC or 1 Bitcoin = US$2,850. An American con man took advantage of this boom in Bitcoin market to run bogus bitcoin mining schemes and earn millions of dollars. But the bogus schemes ended as the United States Securities and Exchange Commission (SEC) has won a legal battle against two bogus, but now defunct, Bitcoin companies operated by Homero Joshua Garza — GAW Miners and ZenMiner. Garza is now facing a $12 Million (£9.2 Million) penalty for running the bogus schemes – what lawmakers have certified was a "Ponzi scheme." According to the SEC, Garza used the "lure of quick riches" in order to get people to invest in the bitcoin mi

A security researcher has just discovered a stealthy cryptocurrency-mining malware that was also using Windows SMB vulnerability at least two weeks before the outbreak of WannaCry ransomware attacks. According to Kafeine, a security researcher at Proofpoint , another group of cyber criminals was using the same EternalBlue exploit , created by the NSA and dumped last month by the Shadow Brokers, to infect hundreds of thousands of computers worldwide with a cryptocurrency mining malware called ' Adylkuzz .' This malicious campaign went unnoticed for weeks because unlike WannaCry , this malware does not install ransomware or notify victims, but instead, it quietly infects unpatched computers with malware that only mine ' Monero ,' a Bitcoin-like cryptocurrency. This Malware Saves Computers From Getting Hacked By WannaCry The Researcher believes Adylkuzz malware attack could be larger in scale than WannaCry ransomware attack because it has been designed to blo

A new botnet consisting of more than 15,000 compromised servers has been used to mine various cryptocurrencies, earning its master around $25,000 per month. Mining cryptocurrencies can be a costly investment, as it requires an enormous amount of computing power, but cybercriminals have found an easy money-making solution. Dubbed BondNet, the botnet was first spotted in December 2016 by GuardiCore researchers, who traced back the botnet malware developer, using online handle Bond007.01, to China. According to the GuardiCore researchers, Bond007.01 is currently using BondNet for mining cryptocurrencies — primarily Monero, but also ByteCoin, RieCoin, and ZCash — but they warn that the hacker could easily take full control of compromised servers for malicious purposes, like mounting Mirai-style DDoS attacks. BondNet Attacks only Windows Server Machines Since mining cryptocurrencies require large amounts of CPU/GPU power, the botnet master goes after Windows Server machin