Infracore LLC Blog

Cryptomining is Inspiring Cybercrime

Cryptomining is Inspiring Cybercrime

Blockchain technology is mainly known for its use with cryptocurrencies. Even though the values of cryptocurrencies have leveled off after the incredible growth it has sustained over the past few months, users are still attempting to use cryptocurrencies to make a little bit of extra cash on the side. Of course, if there is money involved, you can bet that there will also be criminals and shady activity surrounding it.

Criminals love to take advantage of cryptocurrencies due to how much they value anonymity. Unfortunately for hackers, mining cryptocurrency legitimately can be expensive and take a long time. You even need dedicated computer hardware in order to do it, which creates substantial costs, like an increase in your power bill.

Due to how difficult it can be to mine cryptocurrency, a new threat called crypto-jacking has popped up. This type of malware hides on a user’s device and steals its resources for the purposes of mining cryptocurrency. This can lead to devastating results--a higher electric bill, lower device performance as a whole, and more wear and tear on your device’s components. This type of malware only works if the device accesses a compromised website. In the past, this threat would only work if the device remained on the website during the duration of the attack, but hackers have since found ways around this. Some infected websites have gotten so crafty that they can hide a pop-up behind the computer’s task bar, where it can remain for as long as the hacker needs it to.

Crypto-miners are also known for spreading this hidden code to all kinds of websites themselves, as well as through malicious browser extensions. This type of malware is has been found on a broad variety of different websites, like the United States Courts, the United Kingdom’s National Health Service, and the Australian state governments of Victoria and Queensland. It was found in a text-to-speech translation plugin used on these sites. Consequently, the developer of this plugin removed it from all sites as soon as it was discovered.

It’s incredibly important that your business pays attention to these kinds of events and trends, as they could create considerable issues for your organization’s operations. If you’re paying a lot of money for your business’ Internet solution, then hackers are taking advantage of all your bandwidth to pull a fast one on you. Cryptocurrency mining is one of those tasks that takes its toll on even the most powerful hardware, making it likely to shorten your technology’s lifespan. This ultimately costs your business in more ways than one.

Thankfully, there are ways that you can combat these attacks. Some browsers are incorporating anti-cryptocurrency measures, and some antivirus programs are making strides toward straight-up blocking crypto-jacking attempts in the first place. Furthermore, there are some extensions that also block crypto-mining and crypto-jacking scripts entirely.

Infracore LLC can help you make sure that your IT solutions are running optimally, as well as securing your organization’s network from potential attacks. To learn more, reach out to us at (858) 509-1970.

Know Your Tech: Safe Mode
Understanding the New NIST Guidelines for Password...


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, October 20 2018

Captcha Image

Tag Cloud

Tip of the Week Security Technology Privacy Best Practices Cloud Business computing Network Security Google Hackers Malware Software Microsoft Innovation Internet Data Smartphones Backup Tech Term Hardware Email Windows 10 Hosted Solutions Browser VoIP Mobile Devices Computer Business Continuity Android Business IT Services Data Backup Managed IT Services User Tips Alert Workplace Tips Small Business Office Ransomware Outsourced IT Computers Disaster Recovery Business Management Communications Cloud Computing Productivity Miscellaneous Smartphone Efficiency Data Recovery Cybercrime Communication Law Enforcement Artificial Intelligence Productivity Router Money How To Passwords Telephone Systems Social Media Password Applications Internet of Things Chrome Collaboration Cybersecurity Facebook Virtualization Windows Managed IT Services Network Windows 10 App Health Office 365 Social Engineering Gadgets Saving Money Work/Life Balance Quick Tips Upgrade Server IT Support Two-factor Authentication Bring Your Own Device Microsoft Office Mobile Device Management Connectivity Hacking Save Money Information Holiday Wi-Fi Phishing Private Cloud Keyboard Word IT Support Data Security Google Drive Apps Scam Data Breach Automation Data Protection HaaS Vulnerability Office Tips Spam Data Storage Electronic Medical Records Blockchain Samsung Bandwidth Update Remote Computing Training Identity Theft OneNote Infrastructure Entertainment PDF Encryption Flexibility IT Management USB Redundancy Value Paperless Office Firewall Avoiding Downtime Networking Spam Blocking Legal Managed Service Provider VPN Mobility Automobile IT Plan Employer-Employee Relationship Government Fraud Operating System Managed Service Charger Patch Management Virtual Assistant BDR Data Management Unsupported Software Public Cloud Comparison Remote Monitoring Website CES Cleaning Sports Managed IT Mobile Device Telephone System Worker Big Data Marketing End of Support Content Management Windows 7 Computer Care Battery History Settings BYOD Business Intelligence Online Shopping Smart Tech Worker Commute IT Consultant Internet exploMicrosoft Solid State Drive Wearable Technology Flash Augmented Reality Education Meetings Document Management Benefits Travel eWaste Frequently Asked Questions Hosted Computing Start Menu Television Cache Cryptocurrency Computer Accessories iPhone Millennials Black Market Evernote Servers Leadership Advertising Multi-Factor Security HIPAA Audit Remote Worker Inventory Computing Infrastructure Relocation User Error Criminal Scalability Excel Vendor Management Credit Cards Wireless Internet Emergency Tools Warranty Public Computer Password Manager IT solutions Physical Security Safe Mode Bluetooth Workforce Loyalty Monitor Wireless Charging Devices HVAC Save Time Trending Human Resources Wireless Computer Fan Troubleshooting Sync Wiring Access Control Data loss Machine Learning Smart Technology Current Events Google Docs Tip of the week Downtime Wire Printer Business Mangement Best Practice Accountants Unified Threat Management SaaS Cortana Thought Leadership webinar Enterprise Content Management Staff The Internet of Things Amazon Authentication Techology Users Screen Mirroring YouTube Two Factor Authentication Knowledge Humor Internet Exlporer Information Technology Windows 10s Experience Windows Server 2008 MSP Root Cause Analysis Mouse Files Gmail Content Risk Management HBO Telecommuting FENG Telephony Mobile Computing Data storage Google Apps Conferencing Software Tips Password Management Hiring/Firing Hybrid Cloud Specifications Search Amazon Web Services Nanotechnology Virtual Reality Cast Network Congestion Voice over Internet Protocol Instant Messaging Music File Sharing Smart Office Transportation Botnet Safety Recovery Recycling Video Games Audiobook Politics Outlook Rootkit Remote Work Practices Books Skype Camera Assessment Workers Addiction Emails NIST Employer Employee Relationship Apple Digital Signature How to Managing Stress Regulation Thank You Printers Webinar WiFi Congratulations CrashOverride Twitter Company Culture Administrator Compliance

Mobile? Grab this Article!

QR-Code dieser Seite

Recent Comments

Sybil Stephens Is a Data Backup Really That Necessary? In a Word: Yes
20 October 2018
Backup data for the word Microsoft is really needed that only some written material will be come to ...
JeffreyKGuertin Tech Term: Modems and Routers Defined
18 October 2018
Thank you so much for defining here the modems and routers to give us better information about this....
Shay Stuart How the Convenience of The Internet of Things Can Come Back to Bite Us
17 October 2018
This is a very important share that delivers facts about the utilization of internet tools in differ...
Isla Tait It Pays to Outsource Your IT
15 October 2018
New IT project that show us a new outcome that has been to prepare this setup that was god to know o...
ClarenceEHaynes 11 Ways to Enhance Android Security
15 October 2018
I really impressed from your working, after reading this 11 ways to enhance android security and dis...