905-458-9333 or 1-(800)-958-2341

How to Avoid Cryptocurrency Mining

cartoon person mining gold coins

Is Google Chrome your web browser of choice? Are you in the habit of adding Chrome extensions?  If so, this week’s announcement by Google will be of interest to you.  The Chrome Web Store has banned Chrome extensions designed to mine for crypto-currencies and plans to remove all such extensions already in the store by June, 2018.  These extensions will advertise a useful function but will come with hidden cryptocurrency mining capability running in the background. 

Due to the increase in the number of Chrome extensions that maliciously mine for virtual coins, without the user’s knowledge, Google has chosen to help protect user safety.  This in-browser “cryptojacking” uses scripts designed to mine digital currency.  These scripts can use a significant portion of your computer’s CPU power, which could greatly reduce performance and increase power consumption.  Many websites also use these mining scripts, with the same impact on your computer.

Extensions are intended to enhance the Chrome experience for users by providing additional capabilities and an extensive catalog of such extensions is currently available to users.  Google was allowing developers to provide extensions designed for cryptocurrency mining, so long as users were made aware of this behaviour, however, the platform has been abused by malicious software developers. 

On another note, a new cryptocurrency mining threat has been discovered, called “HiddenMiner”.  This attacks Android devices, using their computing power to mine for Monero Cryptocurrency.  This malware appears as a legitimate looking Google Play update application, using the Google Play icon.  The user is asked to activate the application as a device administrator, with pop-up windows continuously displaying until the requested permission is granted. Once installed, HiddenMiner hides itself from the user and begins mining in the background.   

HiddenMiner continuously mines for Monero Cryptocurrency until all of your Android device’s resources are depleted.  This can cause the device to overheat and even fail.  You may also find your device screen locked and your administration permissions revoked. 

The only good new for us is that this threat has only been known to affect users in India and China so far.   To be on the safe side we recommend that you:

  1. Only download apps from official marketplaces,
  2. Update your device’s operating system on a regular basis and
  3. Be careful and attentive about the permissions you grant to applications.

BSC Solutions Group offers a variety of Cyber Security Services for businesses.  If you are interested in learning more, give us a call.   

April 05, 2018 6:09:31 PM

admin

Leave a Reply

Your email address will not be published. Required fields are marked *


logoimg

BOOK A FREE SERVICE TICKET


Getting your computer network, phones and software applications to work shouldn’t be a monumental project;
yet we constantly hear from frustrated organizations like yours who call us when they’ve finally
had enough of the poor services and excuses from their current IT support firm.

Our offer of a FREE Service ticket is a no-risk way of introducing our services.
Let us diagnose and work on the computer problem of your choice and
find out what over 25 years of service excellence feels like.

Accepting this free offer in no way obligates you to do any further business with us but of course we hope you will!

Conditions:
1. Because our resources are not unlimited, the free service ticket will cover a maximum of 2 hours of remote support for 1 service issue.
2. Since customers who are the best fit for our services have a minimum of 10 computers, this free offer only applies to organizations of this size.
3. This offer applies only to organizations who are not already a customer of BSC Solutions Group.

Please fill out this form and a BSC Solutions Group “IT Guardian Angel”
will contact you within 24 hours.









Close

×