Monero mining virus poses a serious threat!

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Monero mining virus poses a serious threat

Monero Mining Virus

Cybercriminals have been monetizing their malware attacks by using stolen computer power to mine crypto. This activity is also known as cryptojacking. It’s become a huge business for hackers.

One recent operation involves attackers infecting unpatched Windows web servers with a malicious cryptocurrency miner to steal compute power to mine Monero, an alternative to Bitcoin. This campaign has made millions of dollars for the crooks.

XMR Miner is a rogue application

Illicit cryptomining is becoming an increasingly popular activity for cyber criminals. It allows them to profit from the processing power of infected machines, without being detected or regulated by legal authorities. This activity can also be used to fund more direct attacks, such as data theft or ransomware. Additionally, mining malware provides criminals with long-term access to networks that they can use to target additional systems and steal more data.

XMR Miner is a malicious program that infiltrates computers and uses their resources to mine the Monero cryptocurrency. It is typically proliferated using rogue websites (e.g., the notorious RIG exploit kit), and it is distributed via email as well. Once it infiltrates a system,How to add a currency in Imtoken , XMR Miner may redirect users to rogue sites, which can deliver unwanted programs and intrusive ads.

The XMR Miner threat can be very difficult to remove from an infected computer, since it often hides from traditional anti-malware software. It can even disable Windows security solutions to avoid detection. This makes it extremely difficult for users to secure their systems.

Illicit mining activities can cause significant performance problems on infected systems. The threat landscape is evolving rapidly, and it is important for organizations to take a proactive approach to cybersecurity. This includes maintaining a reputable antivirus and anti-spyware suite, monitoring for suspicious files on servers and avoiding downloading software from unknown sources.

It is a crypto-mining malware

The latest cyber threat intelligence reports show that illicit cryptocurrency mining malware is a growing problem. For example, a recent report from Check Point identified COINMINER as the top malware affecting one in five organizations. The malware encrypts files and mines crypto-coins in the background on the victim’s machine, draining its CPU and GPU resources. This makes it an attractive target for criminals, as it can be difficult to identify and remove.

The XMR Miner malware was first discovered in August 2018. It delivers the XMR cryptocurrency miner to victims by posing as a fake Adobe Flash update. The attackers use a technique called process-hollowing to hide the malicious application inside a legitimate system process. This enables them to bypass antivirus software and exploit older vulnerabilities. Some cryptojacking variants can also be delivered by spam emails.

Once an actor gains access to a system, they can leverage the malware for other attacks, including data theft and ransomware. They can also employ it as a proxy to download additional payloads, such as backdoors and data alteration tools. Moreover, they can profit from monetizing the illicit mining activity on their networks.

Businesses can prevent these attacks by deploying security solutions that can detect the presence of malware and other suspicious activity. They can also implement controls to block mining activities and monitor resource usage to identify anomalies. In addition, they should ensure that their anti-malware programs have been updated to address the new threats.

It is a cryptojacking malware

Cryptojacking is a growing cybersecurity threat that exploits victims’ hardware and software resources to mine cryptocurrency. The malware repurposes the computer’s CPU for mining and can be installed on sites without the user’s consent, infecting devices that visit the site or even download content from it. Typically, a cyberattack occurs every 39 seconds, and the victims of cryptojacking can suffer from performance degradation and data loss.

Crypto mining uses a significant amount of computing power and can cause hardware to overheat, which can lead to data loss or permanent damage. Moreover, the mining process consumes tons of electricity and can cost victims more than what they earned in cryptocurrency. For example, a mining attack on a company’s servers in Russia resulted in a massive fire.

While cryptojacking attacks are opportunistic, they can be profitable for attackers, who usually target the most popular cryptocurrencies. However, they can also target cryptocurrencies that are difficult to mine with ordinary hardware. For instance, the popularity of Monero has attracted criminal actors, who are attempting to profit from its increasing value.

Fortunately, there are ways to prevent cryptojacking, including keeping software and operating systems up-to-date. In addition, installing cybersecurity programs can help detect and remove the malware from infected devices. Also, users can use browser extensions that block cryptojacking scripts and monitor their CPU usage to identify suspicious activity.

It is a malware infection

The value of various cryptocurrencies has skyrocketed recently, attracting attention from adversaries eager to monetize the surge. Mining malware attacks provide attackers with a steady stream of profits without the extra risk and exposure associated with ransomware. These stealthy attacks take advantage of victim’s computing power to mine crypto and divert the proceeds to the attacker’s wallet.

While crypto-mining malware existed long before cryptocurrency prices skyrocketed, it became a major threat in late 2017 and early 2018 when Monero was trading at nearly $500. As a result, many cybercriminal gangs began deploying it on computers, including those of unwitting victims.

A new piece of crypto-mining malware has been discovered that is targeting Macs with XMRig software, which is used to mine Monero cryptocurrency. The malicious software creates a process named mshelper and drains the CPU of infected machines. It also uses detection evasion techniques to thwart legacy anti-malware software.

A security researcher has spotted malware that is bundled with a legitimate installer for the Nintendo fan game Super Mario Forever, which has been infected to mine the privacy-focused cryptocurrency monero. The malicious payload, known as Nitrokod, includes a Monero miner and the open-source stealer Umbral. The malware spreads through spam campaigns and exploit kits and can significantly impact victims both financially via stolen cryptocurrency and materially through the impact on their device performance.