Cryptojacking or cryptocurrency mining involves the unauthorized use of someone else’s computer to mine cryptocurrency.
According to Avast report, cryptojackers commonly use GitHub as a host for cryptocyrrency mining software.
Comodo Cybersecurity found a malware that was mining cryptocurrency utilizing Windows PowerShell. Dubbed as “Badshell,” this malware was injecting the malware code into the existing active processes via the PowerShell commands and script.
What makes cryptojacking so dangerous is that it does not require significant technical expertise for executing it. It also seems more profitable, less expensive and less risky.
Elaborating the above statement with an example; if a cybercriminal launches a ransomware attack for 100 machines, then they might succeed in retrieving ransom from 2 or 3 victims. However, with cryptojacking all the 100 infected machines will mine cryptocurrency.
One way for hackers is to use phishing attempts to trick victims into loading cryptocurrency mining codes in their machines. The script then operates undetected in the background.
Another method is to inject a script on a site or introduce it via ads placed on multiple websites. Once such a compromised website is visited by the victims or an infected ad has been clicked upon by the user, then the script is executed automatically on their own.
The codes are not stored on the attacked machine. They run a complex mathematical problem to send the results to a server that the hacker controls.
Some of these cryptojacking scripts have worming capabilities to infect other devices and servers on the same network. Cryptocurrency mining codes might also include multiple versions for different network architectures to spread across a network swiftly.
Cryptojacking codes do not retrieve victim’s data but steal CPU processing resources.
The below-given steps can be implemented to minimize the the risk of falling prey to cryptocurrency mining or cryptojacking:
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