Items tagged with crypto-jacking

It seems that everyone and their uncle is mining cryptocurrency these days. That is a topic in and of itself, but what's disturbing is even if you are not knowingly mining virtual coins, you might still be mining...for someone else. Crypto-jacking has emerged as a form of malware, whereby a website or app sneakily injects a 'miner' onto your device so that a remote attacker can tap into your phone or PC's resources for profit. Microsoft's security team did some digging into the situation and found some interesting trends related to this growing threat. To be clear, Microsoft is not against the concept of cryptocurrency, or at least that is not how the report is framed. Microsoft says cybercriminals... Read more...
If you are a user of the popular Google Chrome extension "Archive Poster" you need to be aware that the extension has been misbehaving lately. Currently "Archive Poster" has over 105,000 users and has in recent weeks turned into an in-browser cryptocurrency miner. The extension isn't asking permission to hijack the CPU of user computers to mine Monero cryptocurrency. Monero has been the cryptocurrency that many nefarious users are choosing to mine with the stolen processing power of unsuspecting computer users. Facebook Messenger was attacked recently to mine Monero using Digimine malware. A report from back in October said that there are over a billion PCs globally that are unsuspectingly running... Read more...
Sometimes it feels like this whole cryptocurrency mining business is getting out of hand. The underlying technology—blockchain—is interesting and potentially very useful, but there are some side effects that are casting a dark shadow over cryptocurrency, such as driving up the price (and limiting availability) of graphics cards for gamers. More recently, however, crypto-jacking has become a thing, where users unwittingly contribute CPU cycles to someone else's mining efforts by way of browser code. Crypto-jacking is a relatively new term used to describe the secret use of a computing device to mine cryptocurrency. It's not the same as a botnet, which is basically a network of hacked... Read more...