Beware the rise of cryptocurrency mining malware on your mobile device
Kaspersky Lab researchers say that an increasing number of cybercriminals are turning their attention to malicious software that is mining cryptocurrencies at the expense of users’ mobile devices.
The global cybersecurity company said that criminals are getting greedier and now use not only malware, but also risk tools, hiding mining capacities in popular football and VPN applications to profit from hundreds of thousands of victims without their knowledge.
The hot topic of cryptocurrency mining could not be ignored by cybercriminals, as they seek to increase their profits. They are mining on computers, servers, laptops and mobile devices; however, it is not only mining malware that they use.
Kaspersky Lab experts found evidence showing that criminals are adding mining capacities into legitimate applications and spreading them under the guise of football broadcasting and VPN applications, with Brazil and Ukraine as the main victims.
According to Kaspersky Lab data, the most popular “legitimate miners” are football-related applications. Their main function is to broadcast football videos while discreetly mining cryptocurrencies. For this, developers used the Coinhive JavaScript miner.
When users launch the broadcast, the application opens an HTML file with the JavaScript miner embedded, converting visitors’ CPU power to the Monero cryptocurrency for its author’s benefit.
The applications were spread via the Google Play Store and the most popular was downloaded around 100,000 times. Nearly all (90%) of these downloads originated from Brazil.
Legitimate applications responsible for VPN-connections became the second target for malicious miners. A VPN is a Virtual Private Network where users can get access to web resources that would not otherwise be available due to local restrictions.
Kaspersky Lab found the Vilny.net miner, which is able to monitor the battery charge and the temperature of the device, to obtain money with less risk for the attacked gadgets.
For this, the application downloads an executable from the server and launches it in the background. Vilny.net was downloaded over 50,000 times, mostly by users in Ukraine and Russia.
“Our findings show that authors of malicious miners are expanding their resources and developing their tactics and approach to perform more effective cryptocurrency mining,” said Roman Unuchek, security researcher, Kaspersky Lab.
“They are now using legitimate thematic applications with mining capacities to feed their greed. As such, they are able to capitalize on each user twice – firstly via an ad display, and secondly via discreet crypto-mining.”
Read: SARS outlines its position on Bitcoin and other cryptocurrencies