Monero (XMR) has become the target for hackers over the past few days. Recently, BCFocus reported about a vulnerability in the Monero wallet that allowed hackers to loot XMR from crypto exchanges. This time, it is said that over 200,000 routers have been hacked using a malware in Brazil to secretly mine Monero (XMR).
The online hackers are said to have targeted a particular brand of routers, named MicroTik. Simon Kenin, a researcher from TrustWave, found out about the secretive attack and was the first to report it.
“Let me emphasize how bad this attack is, there are hundreds of thousands of these devices around the globe, in use by ISPs and different organizations and businesses, each device serves at least tens if not hundreds of users daily. Miners, on the other hand, can be a lot more stealthy, so while a single computer would yield more money from ransomware if the user ends up paying, an attacker would prefer to run a stealthy miner for a longer period of time. The plan being that at some point the mining would be as profitable as, if not more than, the one-time ransom payout.”
Though the malware doesn’t hack into wallets and steal from crypto traders, it is said to significantly affect the computing power of a system, and also extracts a lot of electricity. The malware secretively mines crypto from a computer without the user having the faintest clue about it.
The malware covertly ran the coinhive script (popularly used to mine Monero) in the background while the user kept working on their system. Also, a report from Forbes said that a small microchip used within the routers helped the hackers in mining the coins.
Image via Shutterstock
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