by Jérôme Segura, Lead Malware Intelligence Analyst at Malwarebytes
While cryptocurrencies have been around for a long time and used for legitimate purposes, online criminals have certainly tarnished their reputation. Unfortunately, the same benefits offered by these decentralised and somewhat anonymous digital currencies were quickly abused to extort money, as was the case during the various ransomware outbreaks we’ve witnessed in the last few years.
As the value of cryptocurrencies—driven by the phenomenal rise of Bitcoin—has increased significantly, a new kind of threat has become mainstream, and some might say has even surpassed all other cybercrime. Indeed, cryptocurrency mining is such a lucrative business that malware creators and distributors the world over are drawn to it like moths to a flame. The emergence of a multitude of new cryptocurrencies that can be mined by average computers has also contributed to the widespread abuse we are witnessing.
Malwarebytes has been blocking coin miners via its multiple protection modules, including its real-time scanner and web protection technology. Ever since September 2017, malicious cryptomining has been our top detection overall.
Cryptomining malware
To maximise their profits, threat actors are leveraging the computing power of as many devices as they can. But first, they must find ways to deliver the malicious coin miners on a large enough scale.
While the Wannacry ransomware was highly publicised for taking advantage of the leaked EternalBlue and DoublePulsar exploits, at least two different groups used those same vulnerabilities to infect hundreds of thousands of Windows servers with a cryptocurrency miner, ultimately generating millions of dollars in revenue.
Other vulnerabilities, such as a flaw with Oracle’s WebLogic Server (CVE-2017-10271) was also used to deliver miners onto servers from universities and research institutions. While Oracle released a patch in October 2017, many did not apply it in a timely fashion, and a PoC only facilitated widespread abuse…Click here to read full article.
