Cybercriminals Employ Driveby Cryptocurrency Mining

Mining digital coins is a legal activity, but cybercriminals have discovered a new way to inject malware to perform the task.

Cyberthieves are using a new technique to cash in on cryptocurrency mining.
With so-called driveby cryptojacking, the attacker abuses browser-based cryptocurrency mining unbeknownst to the users and website operators, new research from Malwarebytes shows.
Cryptocurrency mining is like panning for gold in the digital age and is considered legal. It demands hordes of computing power to process complex mathematical calculations, which in turn is used to create cryptocurrencies like Bitcoin, Monero, Zcash, and others.
In the past year, cybercriminals have used cryptojacking to snare needed computing power via the browser, says Jerome Segura, lead malware intelligence analyst for Malwarebytes.
This browser-based mining, which uses a simple JavaScript library and is sometimes called JavaScript Miners or JSMiners, is rapidly taking off with the bad guys since it was introduced in mid-September by Coinhive. JSMiners is an easy way for bad guys to infect websites via driveby cryptojacking as well, Segura notes, and it can potentially infect far more computers when they visit heavily trafficked websites than directly infecting victims devices.
Then and Now
Illicit cryptocurrency mining initially began in 2011, a few years after the birth of Bitcoin, Segura says. Cybercriminals up until last year would largely rely on infecting users computers without their knowledge to hijack, or
harvest, the devices compute power
. They typically used phishing scams to entice users to download malicious attachments or visit nefarious websites, where they could automatically load malware onto victims machines.
Once the device is infected - or devices as in the case of the
Bondnet botnet
that infected more than 15,000 machines at major institutions, including high-profile companies, universities, and city councils earlier this year - the computing power is used to crunch mathematical calculations and create digital currency.
Last year, however, Coinhives new technique for mining cryptocurrency emerged and the bad guys jumped on it, Segura says. Coinhive launched a JavaScript-based cryptocurrency mining service that allows website operators to legitimately use their visitors CPU power to mine for Monero cryptocurrency, with or without their knowledge.
Coinhive has since released a new API to allow website operators to seek users permission before harvesting their CPU power, however.
But cybercriminals quickly latched onto Coinhives technology and began injecting its API into compromised websites, such as WordPress and Magento, without knowledge or consent from site operators, according to Malwarebytes new
report
.
Its easy to have great reach with this browser-based cryptocurrency mining. The criminals would target sites that get lots of traffic and inject malicious script onto the site, says Segura. Anyone connecting to the website will run the Javascript that can instruct the computer or phone to run the coin miner just like they were running a YouTube video.
Coinhive is relatively easy to add to a site, given it only requires copying a few lines of JavaScript and embedding it into the site, says Segura.
The bad guys lose access to users harvested computer power each time they log off of an infected site. So cybercriminals like to target sites where visitors linger for hours, Segura notes.
Sizing Up the Risk
Security professionals facing an onslaught of attacks and alerts, however, arent likely to prioritize driveby cryptojacking because the amount of harm it creates to the enterprise is minimal, Segura acknowledges. Even so, enterprises should be sure to remove and block driveby cryptojacking from their websites.
Hacking websites and mining digital coins is further fueling cybercriminals, Segura says. As a security professional, I look at the potential scale and how this can affect millions of people and it is a big problem because it can generate a lot of revenue for criminals, and we want to put a dent in it and stop it.
Related Content:
Harvest Season: Why Cyberthieves Want Your Compute Power
New Bondnet Botnet Mines Cryptocurrencies
5 Reasons Why the CISO is a Cryptocurrency Skeptic
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