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The surge in the popularity of cryptocurrency mining malware that started in the last quarter of last year has continued unabated into the first half of 2018. According to McAfee Labs, cryptocurrency mining malware attacks increased by 86% in the second quarter of this year. While the primary target of cryptocurrency mining malware has remained
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A report from the Cyber Threat Alliance (CTA) indicates a massive 459% increase in the rate of illegal cryptojacking, through which hackers hijack computer processing power to mine cryptocurrencies like bitcoin and monero. As CCN recently reported, the Indian government was recently targeted in a cyberattack which hijacked processing power from government website servers to
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Hackers stole the processing power of several Indian government websites to mine cryptocurrencies, researchers found. Citizen portals such as that of the municipal administration of Andhra Pradesh (AP), Tirupati Municipal Corporation and Macherla municipality are among the hundreds of Indian websites that are found to be infected by cryptojacking malware. Cryptojacking, as the term indicates,
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The amount of money that the average cryptojacker makes in a day places them squarely below the developed world’s poverty line. This came to the fore after a study conducted by researchers at Germany’s Braunschweig University of Technology revealed that even though some high-traffic websites profit handsomely from cryptojacking, the average ones only manage to … Continued
The post Not a Ticket to Riches: Average Cryptojacking Website Makes Only $ 5.80 per Day appeared first on CCN
A new study published by Citrix has suggested that approximately 30 percent of businesses in the U.K. fell victim to cryptojacking attacks in July alone, as criminals continue to push malware that secretly uses the processing power of their computers to mine cryptocurrency. The research, which was commissioned by software company Citrix, asked 750 IT
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The Pirate Bay (TPB) has resumed its cryptojacking activities. The P2P file-sharing platform launched another browser script that hijacks unused CPU power of site users to mine cryptocurrency. TPB launched a similar browser script in September 2017 but discontinued it after vociferous protests from site users.
TPB is Running the Crypto Loot Web Miner
According to reports, the platform is running the web miner script called crypto loot. In a post on the TPB forum from June 2018, a user on the platform first reported the presence of the mining script on the TBP platform.
Cryptojacking is on the rise. In fact, it’s now one of the fastest-growing types of cybercrime. And here’s the real kicker: you don’t have to be involved in cryptocurrency to become a victim. In fact, just about as idyllic as Satoshi’s white paper, cryptojacking is completely blind to status, wealth, or centralized organizations.
According to Steve Morgan, Founder and Editor-in-Chief at Cybersecurity Ventures, “Cryptojacking is one of the fastest-growing cybercrimes globally, and the resulting theft of cryptocurrency is incalculable at this time. But, cybercrooks beware, law enforcement agencies have ramped up … the surveillance, capture, arrest, and prosecution of financial cybercriminals … and the online perpetrators can expect stiff sentences for cryptojacking.”
Android crypto-miners have seen a staggering 4000% increase in the first three months of 2018. To put things in perspective, the total consumer detections have reached 16 million as of the end of March, according to a report issued by Malwarebytes.
It seems that last year’s cryptojacking sentiment is still running with full force, as consumer crypto-miners soar 4000% in just the first three months of 2018. Info Security cites Malwarebytes, pointing out the massive increase in Android crypto-miners.