Hackers Were Arrested For Crypto Jacking-A group of five hackers in South Korea were arrested on Thursday for spreading crypto-mining malware to more than 6,000 computers.
How did people fall into the trap?
Local police and the Korean National Police Agency, Cyber Bureau, have given a statement. That a group of five men was led by a 24-year-old Kim Amu-gae. Similarly, in two months the group of hackers sent a total of 32,435 emails. Which were posing as job applications with an attached resume. These emails were specially designed to mine Monero using the victim’s computer. Which also contained cryptocurrency mining malware targeting desktop users in South Korea.
Cryptojacking is a process in which a cryptocurrency miner uses another’s a computer for mining without their consent or knowledge. As a result this crypto jacking resulted in mined crypto worth around one million won ($895).
Hackers Were Arrested For Crypto Jacking-According to the daily South Korean newspaper Hankyoreh “the mined crypto was anonymity-oriented altcoin Monero (XMR), which frequently features in crypto jacking cases that employ the “Coinhive” code — a program created to mine XMR via a web browser.”
After this malware attack, Cybersecurity firms started an investigation into the suspected mining scam, which caused local security experts to investigate and provide the solutions to the affected computers.
Investigation On Mining Scam
“Because cybersecurity firms and anti-virus software operators responded quickly to the distribution of mining malware, the group of hackers was not able to generate significant revenue from their operation. In most cases, anti-virus software detected the malware within three to seven days. If the malware was detected, the hackers sent new malware, but it was detected again by anti-virus software,”
-local police said.
“Security firms quickly responded to the spread of malware, and [the hackers’] revenue was not very high. Most of the cases were detected by anti-virus software within 3 ~ 7 days. When it was detected, the hackers sent further malware, but it was soon detected again.“.
-local police and the National Police Agency’s Cyber Security Bureau.
In a similar crypto jacking case, in July 20 this year, suspects were arrested in China in a major case that allegedly affected over one million computers and generated 15 million yuan (around $2.2 million) in illicit profits.