500,000-Victim Cryptojacking Campaign Proves Increasing Malware Sophistication

Cyber-crime researchers have discovered new features of known ‘cryptojacking’ malware, Smominru. In addition to mining Monero (XMR) on behalf of an unsuspecting computer, the software can now steal credentials and allow attackers remote access to systems as well.

According to a report in the cybersecurity publication ZD Net, the Smominru covert cryptocurrency mining malware has received an upgrade. The addition of credential-stealing code and remote access functionality stands to make the attack much more effective than previous cryptojacking efforts.

Cryptojacking Getting More Complex

For those that don’t know, cryptojacking refers to the practice of infecting a computer with malware and attempting to use its hardware to mine cryptocurrency. Typically, Monero is favored for such efforts. This is not only because the cryptocurrency is much more privacy-preserving than the likes of Bitcoin, but also because it can be successfully mined on much less powerful hardware. This makes the computer systems of the general public worthy targets. Read More at BeInCrypto...

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