Hackers have progressively gone to cryptojacking as an approach to benefit from the rapidly increasing numbers and power of PCs, phones, and other electronic gadgets. This enables them to earn from cryptocurrency mining. A single digital currency mining botnet can allow a hacker to earn more than $30,000 monthly, as indicated Kaspersky, a cybersecurity company.
Increasing unauthorized crypto mining.
The number of devices used in crypto mining without users knowing is estimated to be more than five hundred million. Most of these users mostly come across Cryptojacking programs or may have visited websites that run scripts in their background without their knowledge. Not only PCs are targeted but also smartphones and tablets. Some Cryptojacking malware is known to be so powerful and extremely invasive that can they physically damage the device due to extreme overheating. Although many people view Cryptojacking is a relatively new treatment, it is increasing at a very alarming rate. In 2018 new malwares increased by 629% and a further 459% this year as per the Cyber Threat Alliance (CTA).
Browser-based cryptocurrency mining
Cybercriminals have also started using browser-based crypto mining to help them earn more money from mining. Since 2011, browser-based mining has been used but has recently gained popularity due to the rapid growth in cryptocurrency as well as the introduction a new web-based crypto-mining in 2017. Coinhive is one of the programs that launched after the introduction of a new browser-based mining services. It has all the tools a website owner needs to use to deploy stealth scripting and force visitors into crypto mining without notifying the visitor. Coinhive is viewed as both a malware and as well as a tool to help website owners generate more income from their sites. Although very few question Coinhive being used, it should be considered another type of crypto mining malware program.
Cryptojackers use many ways to be able to access people’s computers and mine cryptocurrency. Mostly methods like ransomware and adware are used in delivering Cryptojacking programs.
Some real-world examples of crypto-jacking examples include:
BadShell was found to be using legitimate windows to mine cryptocurrency. It used task scheduler to maintain persistence, and the malware’s binary code was held by the registry.
Minergate variant. This malware can detect mouse movements and disables mining activities so as not to tip of the miner.
Spear-fishing PowerGhost. Once it gets a foothold in a system it steals the user’s credentials then disables adblockers and competing miners.
Regular updating web filtering tools. These filters will help identify web pages delivering Cryptojacking scripts. On the off chance that you identify a site page that is conveying Cryptojacking contents, ensure your clients are obstructed accessing it.
Employ the use of ad-blockers and anti-crypto mining browser extensions. Cryptojacking scripts are usually delivered through web ads, having an ad-blocker comes in handy preventing them. Some ad-blockers are powerful enough to detect crypto-mining scripts and block them.
Using endpoint protection. Antivirus software creators now have added crypto mining detection which is capable of even detecting known miners. Although using antivirus helps, miners, create new methods and techniques to avoid detection at endpoints.