ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

Cryptocurrency Miners Hacks Indian Government Websites

Arshmeet Hora by Arshmeet Hora
September 18, 2018
in News
0
Cryptocurrency Miners | Hacks | Cryptojackers | India | Government websites
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

While the Indian Government’s sternly maintains its aversion to cryptocurrency, hackers have managed to make fortuned off various government websites. According to an analysis by security researchers, hundreds of Indian websites including Government websites such as municipal administration of Andhra Pradesh, Macherla municipality and Tirupati Municipal Corporation are being used to mine cryptocurrencies.

This all is done with the help of a  malware, known as cryptojacking, which allows unauthorized use of someone else’s computer to mine cryptocurrencies. The innocent victims are either lured into click on a malicious link in an email that loads crypto mining code on their computer or a website is infected with JavaScript code that mines cryptocurrencies using up a visitor’s computing power without consent.

A security researcher Indrajeet Bhuyan told Economic Times:

“Hackers target government websites for mining cryptocurrency because those websites get high traffic and mostly people trust them. Earlier, we saw a lot of government websites getting defaced (hacked). Now, injecting cryptojackers is more fashionable as the hacker can make money.” 

A  team of Guwahati-based security researchers Shakil Ahmed, Anisha Sarma, and Bhuyan first discovered the suspicious activity on the AP government websites. The three websites in question are subdomains of ap.gov.in, which is amongst the most popular websites globally with over 1,60,000 visits per month.

The malware that mines cryptocurrencies have been targeting enterprise systems as well. Over 119 Indian websites are listed on PublicWWW that run coinhive script.

As per a recent Fortinet report, cryptojacking has been growing in terms of impact, in Q4 of 2017 it affected 13% of all organizations and in Q1 of 2018, the percentage rose up to 28%,  more than doubling its footprint.

The malware affected the official website of Union minister Ravi Shankar Prasad in March. Cryptocurrency Monero was being mined, the website was later fixed FactorDaily.

Coinhive is amongst the most popular cryptocurrency mining service. The website is bugged with a   small chunk of the code, which uses the computing power of any browser that visits the site to mine bits of the Monero cryptocurrency. Rajesh Maurya, regional vice-president, India and Saarc, Fortinet said:

“Cryptojackers who manage to develop and maintain a network of hijacked computer systems are able to generate revenue with a fraction of the effort and attention caused by ransomware.” 

While another common malware, ransomware, which block access to the computer until a ransom is paid, is dependant on discovery. The success of cryptomining attack is their anonymity.  As long as they are not caught, they can hash your system’s power.

According to experts, the revenue generated via the malware depends upon the audience, the number of systems compromised and how long people stay on a website. The more time spent while surfing on the site, the more CPU cycles that can be borrowed to mine cryptocurrencies.  Maurya adds:

“Crypto mining activity is becoming a very big business in India. This technology is most effective on illegal video-streaming websites where people stay for hours watching movies or TV series.”

Furthermore, Maurya notes that the next target for cryptojacking is the internet of things (IoT) products. Devices that might not be used all day but have high processing power are being leveraged to mine cryptocurrencies, such as home smart speakers. According to data on Shodan.io, the search engine for internet-connected devices, India is ranked second after Brazil with over 13,500 home routers affected by cryptojacking software.

Source: Economic Times

 

Tags: cryptocurrency miningCryptocurrency NewsHackingindiaLatest Cryptocurrency News
Previous Post

Top Bitcoin Mining Company, Bitmain May Get Bankrupt

Next Post

Ripple's cryptocurrency product might go live 'in the next month or so

Next Post
Ripple |xRapid | XRP | Banks | Blockchain Technology | Blockchain

Ripple's cryptocurrency product might go live 'in the next month or so

Recent Stories

Ripple Price

Ripple Price Prediction – XRP Under Bearish Pressure Below $0.22

December 16, 2019
Crypto Investment

What You Need to Know About Crypto Investments and Market Volatility

December 16, 2019
Bitcoin price

Bitcoin Price Analysis – BTCUSD Bearish Below $7,200

December 16, 2019
Crypto Account

BlockFi Receives Authorization To Offer Washington’s First Interest-Bearing Crypto Account

December 13, 2019
Crypto Purchase

Binance Allows Crypto Purchase Using 167 Fiat Currencies Via Paxful Partnership

December 13, 2019
Blockchain Security

Major U.S. Health Insurance Firm To Use Blockchain Security For 40 Million Health Records

December 13, 2019
Blockchain guide

Guide to how to Getting Hired in blockchain

December 13, 2019
Binance

How to Profit from a Trailing Stop Loss on Binance? 

December 13, 2019
Litecoin

Litecoin Price Analysis – Will LTCUSD Drop Below $43?

December 13, 2019
Shopin Founder and CEO Charged With Creating Fake $42 Million ICO

Shopin Founder and CEO Charged With Creating Fake $42 Million ICO

December 12, 2019

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 7,119.37 0.62%
  • ethereumEthereum (ETH) $ 141.42 0.5%
  • tetherTether (USDT) $ 1.00 0.29%
  • bitcoin-cashBitcoin Cash (BCH) $ 206.64 0.06%
  • binancecoinBinance Coin (BNB) $ 14.27 0.08%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree