Cyber Criminals Are Using YouTube To Install Cryptojacking Malware

 At East African Data Handlers we have discovered that the  Slovakian software security firm Eset  uncovered that cyber criminals  are behind Cryptojacking Malware, the Stantinko botnet which has been distributed as a Monero (XMR) cryptocurrency mining module via Youtube.

We wish to warn the public to be careful. Further research indicate that, On Nov. 26, the major antivirus software supplier Eset reported that the Stantinko botnet operators have expanded their criminal reach from click fraud, ad injection, social network fraud and password stealing attacks, into installing Cryptojacking Malware on victims’ devices using Youtube.

Stantinko botnet has been active since at least 2012

The Stantinko botnet, which has been active since at least 2012 and predominantly targets users in Russia, Ukraine, Belarus and Kazakhstan, reportedly uses YouTube channels to distribute its Cryptojacking Malware module, which mines the privacy-focused crypto coin Monero on the CPUs of unsuspecting victims.

This cryptocurrency-stealing malware has reportedly infected around 500,000 devices, and is similar to the recently discovered malicious malware, Dexphot, malware discovered by Microsoft that has already infected more than 80,000 computers.

These crypto-hijacking codes steal processing resources, take over legitimate system processes and disguise the nefarious activity with the ultimate goal of running a crypto miner on the infected devices.

Eset informed YouTube, which reportedly responded by removing all the channels that contained traces of Stantinko’s code.

Malware on Monero’s official website was stealing crypto

In November, Monero’s core development team said that the software available for download on Monero’s official website might have been compromised to steal cryptocurrency. A professional investigator going by the name of Serhack confirmed that the software distributed after the server was compromised was indeed malicious:

“I can confirm that the malicious binary is stealing coins. Roughly 9 hours after I ran the binary a single transaction drained the wallet. I downloaded the build yesterday around 6pm Pacific time.”

 Be warned of this trend that  is now slowly coming to Africa. 

Courtesy of https://cointelegraph.com/