Crypto-Mining Hits 42% Of Organisations Worlwide

Cyber-criminals are aggressively targeting organisations using crypto-mining malware to develop illegal revenue streams, according to Check Point. Meanwhile, cloud infrastructures appear to be the growing target among threat actors.

Between January and June 2018, the number of organisations impacted by crypto-mining malware doubled to 42%, compared to 20.5% in the second half of 2017.

Crypto-mining malware enables cybercriminals to hijack the victim’s CPU or GPU power and existing resources to mine crypto-currency, using as much as 65% of the end-user’s CPU power. The top three most common malware variants seen in H1 2018 were all crypto-miners.

In a new trend, Check Point detected an increasing number of attacks targeting cloud infrastructures. With organisations moving more of their IT estates and data to cloud environments, criminals are turning to the cloud to exploit its vast computational power and multiply their profits.

“The first half of this year saw criminals continue the trend we observed at the end of 2017, and take full advantage of stealthy crypto-mining malware to maximise their revenues. We’ve also seen increasingly sophisticated attacks against cloud infrastructures and multi-platform environments emerging.

“These multi-vector, fast-moving, large-scale Gen V attacks are becoming more and more frequent, and organisations need to adopt a multi-layered cybersecurity strategy that prevents these attacks from taking hold of their networks and data,” said Maya Horowitz, Threat Intelligence Group Manager at Check Point.

Crypto-currency miners evolve

In 2018, crypto-miners have been upgraded with vastly improved capabilities, becoming more sophisticated and even destructive. Motivated by a clear interest to increase the percentage of computational resources leveraged and be even more profitable, crypto-miners today target anything that could be perceived as being in their way.

Crypto-miners have also highly evolved recently to exploit high profile vulnerabilities and to evade sandboxes and security products in order to expand their infection rates.

Hackers move to the cloud

So far this year, there have been a number of sophisticated techniques and tools exploited against cloud storage services.

Several cloud-based attacks, mainly those involving data exfiltration and information disclosure, derived from poor security practices, including credentials left available on public source code repositories or the use of weak passwords.

Crypto-miners are also, targeting cloud infrastructures to exploit its computational power and multiply profits for threat actors.

Multi-platform attacks on the rise

Up until the end of 2017, multi-platform malware was rare. However, the rise in the number of consumer connected devices and the growing market share of non-Windows operating systems has led to an increase in cross-platform malware. Campaign operators implement various techniques in order to take control over the campaigns’ different infected platforms.

Mobile malware spread via the supply chain

In the first half of this year, there has been several incidences where mobile malware that has not been downloaded from a malicious URL, but instead arrived already installed within the device. In addition, there was an increase in applications readily available on app stores that were actually malware under disguise, including Banking Trojans, Adware and sophisticated remote access Trojans (RATs).

Top Crypto-miners during H1 2018

1. Coinhive (30%) – A crypto-miner designed to perform online mining of the Monero crypto-currency without the user’s approval when a user visits a web page. Coinhive only emerged in September 2017 but has hit 12% of organizations worldwide hit by it.

2. Cryptoloot (23%) – A JavaScript Crypto-miner, designed to perform online mining of Monero crypto-currency when a user visits a web page without the user’s approval.

3. JSEcoin (17%) – Web-based Crypto miner designed to perform online mining of Monero crypto-currency when a user visits a web page without the user’s approval.

Top ransomware during H1 2018

1. Locky (40%) – Ransomware that spreads mainly via spam emails containing a downloader, disguised as a Word or Zip attachment, before installing malware that encrypts the user files.

2. WannaCry (35%) – Ransomware that was spread in a large scale attack in May 2017, utilizing a Windows SMB exploit called EternalBlue, in order to propagate within and between networks.

3. Globeimposter (8%) – Distributed by spam campaigns, malvertising and exploit kits. Upon encryption, the ransomware appends the .crypt extension to each encrypted file.

Top mobile malware during H1 2018

1. Triada (51%) – A Modular Backdoor for Android which grants super-user privileges to downloaded malware, as it helps it to get embedded into system processes. Triada has also been seen spoofing URLs loaded in the browser.

2. Lokibot (19%) – A mobile banking Trojan which targets Android smartphones and turns into a Ransomware, upon an attempt of the victim trying to remove its admin privileges.

3. Hidad (10%) – Android malware which repackages legitimate apps and then releases them to a third-party store. It is able to gain access to key security details built into the OS, allowing an attacker to obtain sensitive user data.

Top banking malware during H2 2017

1. Ramnit (29%) – A banking Trojan that steals banking credentials, FTP passwords, session cookies and personal data.

2. Dorkbot (22%) – A banking Trojan which steals the victim’s credentials using web-injects, activated as the user tries to login to their banking website.

3. Zeus (14%) – A Trojan that targets Windows platforms and often uses them to steal banking information by man-in-the-browser keystroke logging and form grabbing.

HelpNetSecurity

You Might Also Read: 

Criminal Web-Injects Can Steal Cryptocurrency:

Crypto-Mining Is A Growing Epidemic:

 

« EU Cybersecurity Act Could Impact Cross-Border Data Flows
Quantum Computing Is Becoming Reality »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

MIRACL

MIRACL

MIRACL provides the world’s only single step Multi-Factor Authentication (MFA) which can replace passwords on 100% of mobiles, desktops or even Smart TVs.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

4ARMED

4ARMED

4ARMED specializes in penetration testing, information security consultancy and security training

Qualitèsoft Technology

Qualitèsoft Technology

Qualitèsoft Technology is a leading Software Development and Quality Assurance organization. We specialize in Custom Development, Mobile Application, Software Testing and Quality Assurance.

LEXFO

LEXFO

LEXFO specializes in the security of information systems, assisting clients in protecting information assets using an offensive and innovative approach.

Stealthcare

Stealthcare

Stealthcare is a full service, global cyber security firm offering solutions that educate, empower and protect.

Belkasoft

Belkasoft

Belkasoft is a software vendor providing public agencies, corporate security teams, and private investigators with digital forensic solutions.

Transpere

Transpere

Transpere provides IT Asset Disposition (ITAD), Data Destruction, Electronic Recycling and Onsite Data Services.

BullGuard

BullGuard

BullGuard is an award-winning cybersecurity company focused on providing the consumer and small business markets with the confidence to use the internet in absolute safety.

BicDroid

BicDroid

BicDroid is a world leader in data and cyber security with innovative solutions that protect your data anywhere, anytime, against everything.

Spamhaus

Spamhaus

Spamhaus is the world leader in supplying realtime highly accurate threat intelligence to the Internet's major networks.

Across Verticals

Across Verticals

Across Verticals is a boutique cyber security consulting firm that specializes in holistic, deeply technical and end to end cyber security advisory services based on industry best practices.

International College For Security Studies (ICSS)

International College For Security Studies (ICSS)

ICSS India offers technical education to students, clients and partners in IT Industry by our well qualified, certified and experienced trainers.

CySecK

CySecK

CySecK is a Centre of Excellence in Cybersecurity formed in 2017 by the Government of Karnataka, as part of the Technology Innovation Strategy.

Dapple Security

Dapple Security

Dapple Security is creating cutting edge technology utilizing responsible biometrics that protects people and privacy through a first-of-its-kind passwordless platform.

Ipseity Security

Ipseity Security

Ipseity Security provide security-centric advisory and consulting services for organizations to secure their perimeter-less digital transformation to meet business and security requirements.

Corgea

Corgea

Corgea is AI-powered security platform that finds, triages and fixes your insecure code.

RedArx Cyber Group

RedArx Cyber Group

At RedArx Cyber Group, our vision is to empower businesses with cutting-edge, proactive security solutions that safeguard their digital landscapes.