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Monday, December 3, 2018
Can the KingMiner mining malware attack impact crypto assets beyond Monero?
Colleagues, the KingMiner is the latest in a
virtual tsunami of crypto mining malware attacks during the past year. First
detected by cyber security experts at Check Point Software this malware has the
ability to morph once it has penetrated the target host … thus making
identification and mitigation much difficult than its predecessors. Check Point
reports that KingMiner primarily targets Microsoft SQL and IIS server software for
the purpose of mining Monero. While Monero only ranks 12th in market value
among cryptocurrencies according to CoinMarketCap, the potential for KingMiner to capture 100%
of GPU/CPU power of the targeted system is a real and present danger. Bottom
line question: Does KingMiner have the ability to move beyond Monero and move
up the cryptocurrency food chain and mine for Bitcoin Cash, Ripple, Ethereum
and ultimately Bitcoin? We believe this worst-case scenario is highly unlikely.
However, given KingMiner’s malicious success the potential for ‘copycat’
malware code with the similar morphing capability remains a serious threat. Share a comment today!
Lawrence – Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com/)
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