A new type of malicious attack is worming its way across the internet and it is only going to get bigger. This threat is not designed to cripple systems like a DoS attacks, nor is it designed to hold you sensitive files hostage in exchange for payment as ransomware, though the threat is indeed all about making money.
Yes, we are talking about Cryptojacking.
We are going to look into the ins and outs of crytopjacking, tell you what to watch out for and recommend some resources and products designed to defend your systems against a cryptojack attack.
Cryptojacking is a web attack designed to silently steal a proportion of your computer power in order to mine cryptocurrencies, all without your permission or knowledge.
Now, you won’t be directly out of pocket, other than your energy bill might go up. And this type of threat doesn’t comb through your files for personal stuff. You are however unwittingly handing over computer power to an unknown third party.
Most cryptojacking attempts try to steal imperceptible amounts of power by design; others can render your machine useless, often due to poor coding on the attackers’ part – the thieves make less cryptocurrency if victims notice and stop the cryptojacking threat.
Without reputable web security software in place, it can be almost impossible to spot. What you might notice if you were a cryptojacking victim would be your machine slowing down, where the computer lags. You might also notice your fan whirring away as it tries to cool your system from overheating.
Why is Crytojacking popular?
Cryptojacking is touted as the next big attack vector for a few key reasons. One, it does not require as much effort or computing wizardry to pull it off. Two, it demands very little in terms of resources of management, for example, there is no need to contact a victim or demand cash – they are just taking it.
In other words, it is easy money. According to CSO online, “cryptojacking doesn’t even require significant technical skills. According to the report, The New Gold Rush Cryptocurrencies Are the New Frontier of Fraud, from Digital Shadows, cryptojacking kits are available on the dark web for as little as $30.”
How to defend against cryptojacking attacks
If the threat is in the webpage, closing the tab will disconnect the the cryptojack attempt. However, if the attack has managed to infect your browser, it may be best to turn to trusted IT security software to locate and eradicate the threat.
Review your browser preferences, plugins and extensions. Delete anything and everything that is obsolete. Best computing practices recommend that you turn off all non-critical browser services, turning on only what you need when you need it.
If you have any web filtering tools, use them! If a site or webpage is found to be loading cryptojacking scripts, block it.
Defend your web systems from Crytojacking with GFI Security
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GFI WebMonitor: Control of your web activity and block web-based threats
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Learn more: https://www.gfi.com/products-and-solutions/network-security-solutions/gfi-webmonitor
GFI OneGuard: Centralized network security and IT management platform for business
Enterprise-grade network security and resource management tools providing centralized control through real-time Antivirus, patch management, resource management and reporting tools for business.
“Antivirus is the most fundamental security function, critical to keeping connected machines safe from malware. Using the leading AV engine powered by Kaspersky Lab, GFI OneGuard delivers real-time protection from the latest threats. Using agents installed on each device and managed from a central dashboard, you can control scans, updates and every aspect of virus protection.”
Learn more: https://www.gfi.com/products-and-solutions/network-security-solutions/gfi-oneguard
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Learn more about GFI Unlimited by reaching out to one of your local GFI partners.