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Wednesday, October 3, 2018
Google Moves to Prevent Cryptojacking via Illicit Chrome Extensions
Colleagues, as we have previously reported
cyber security attacks, specifically cryptojacking via
Internet browsers, has risen some 400% YoY from 2017 through H1 2018. Google
Chrome commands almost 67% market share according to data from Statista. Earlier
this year Google banned cryptocurrency-related ads from AdWords and
placed major restrictions on apps and extensions on Google
Play and the Chrome
Web Store. Therefore, it comes as welcomed news for
individual and corporate Chrome users that Google has taken the next step of
adding more stringent rules for developers of Chrome extensions. Chrome,
Firefox and Safari have been the primary targets of cyber criminals seeking to
perform crypto mining by way of installing malicious code (aka illegal extensions)
to mobile and desktop browsers alike. The Chrome Web Store’s Developer
Program Policies clearly states “Do not create an extension
that requires users to accept bundles of unrelated functionality”. Nevertheless, written policies are no better than
the vendor’s enforcement practices and penalties. We will report back in Q1
2019 on the initial impact these stricter policies have on mitigating the
cryptojacking tsunami impacting Chrome users … and hopefully stemming the tide
of illicit crypto mining. Share a comment today! Lawrence – Cryptocurrency
Academy (https://cryptocurrencyacademy.blogspot.com/)
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