Cryptominers have emerged as a major threat to organizations worldwide. Here are seven you cannot afford to ignore.
Coinhive
Coinhive is a cryptocurrency miner deployed on thousands of websites around the world - some with the knowledge and permission of the site owners, but often without their knowledge. It is designed to mine for the Monero cryptocurrency by surreptitiously hijacking the computing resources of the systems being used by visitors to these sites.
Coinhive by itself is not malicious. In fact, Coinhive.com has been making the miner available to website owners so they can run it in the browsers of users to their sites and make some Monero in return for giving users an ad-free experience. But multiple security vendors have begun blocking Coinhive because many site owners have been running the miner without informing users about it.
Cybercriminals too have been indiscriminately embedding the miner on thousands of websites without the knowledge of the site owners.
Check Point Software Technologies has estimated that in January 2018 a staggering 23% of organizations worldwide were impacted by Coinhive.
Coinhive's in-browser JavaScript mining code was also secretly loaded into 19 Android apps sold on the Google Play store. One was installed on 100,000 to 500,000 devices, says Taylor Armerding, senior security strategist at Synopsys