Security Market Segment LS
Monday, 30 April 2018 10:27

Video software site slyly moves into mining cryptocurrency

By

Researchers at security firm Check Point say they have found a once legitimate video download software site, OSDSoft, has now begun mining cryptocurrency through surreptitious means.

The script used for mining was being spread through a fraudulent Adobe Flash Player update and the operation was successful to the extent that it was mining US$700 worth of the monero cryptocurrency every day.

The researchers said that about 6000 machines had been infected in a few months.

OSDSoft was offering free video download software in 2011. It was registered under the name of one Ivan Koslov and had Facebook, Twitter and YouTube accounts all promoting the software.

But three years later, Check Point claimed, "OSDSoft started to appear in more suspicious contexts as several adware programs and other potentially unwanted programs (PUPs) downloaded from it were spotted in the wild".

These programs resorted to stealth measures to avoid being detected and the Check Point researcher theorised that this could have been the beginning of a malicious campaign that had not culminated in the cryptocurrency mining endeavour.

Windows users who visit the OSDSoft site see a pop-up when they click on any part of the site and will be told to download a Flash update.

"OSDSoft’s author does not want to waste any time in this campaign either, for while waiting for the monero miner to download, the malignant websites additionally use the CoinHive cryptomining malware to mine through the browser and maximise his profits," Check Point said.

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has high potential to be exposed to risk.

It only takes one awry email to expose an accounts payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 steps to improve your Business Cyber Security’ you will learn some simple steps you should be taking to prevent devastating malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you will learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

ADVERTISE ON ITWIRE NEWS SITE & NEWSLETTER

iTWire can help you promote your company, services, and products.

Get more LEADS & MORE SALES

Advertise on the iTWire News Site / Website

Advertise in the iTWire UPDATE / Newsletter

Promote your message via iTWire Sponsored Content/News

Guest Opinion for Home Page exposure

Contact Andrew on 0412 390 000 or email [email protected]

OR CLICK HERE!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

VENDOR NEWS & EVENTS

REVIEWS

Recent Comments