Cyber criminal Monero YouTube
Cyber Criminals Distributes Monero Cryptocurrency Mining Module By Using YouTube
November 27, 2019
Cyber criminal Monero YouTube
Cyber Criminals Distributes Monero Cryptocurrency Mining Module By Using YouTube
November 27, 2019

Eset, a Slovakian software security firm and a major antivirus software supplier, has revealed that cyber criminals behind the Stantinko botnet have been distributing a Monero (XMR) cryptocurrency mining module through YouTube.

On November 26, it has been reported by Eset that the Stantinko botnet operators have expanded their criminal reach from click fraud, ad injection, social network fraud, and password-stealing attacks, into installing crypto malware on victims’ devices by using YouTube.

However, 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 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 Dexphot, malicious malware, which discovered by Microsoft that has already infected more than 80,000 computers.

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Likewise, 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.

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

In November itself, the core development team of Monero said that the software available for download on Monero’s official website might have been compromised to steal cryptocurrency.

Thus, 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.”

Source: welivesecurity.com | cointelegraph.com


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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