Mobile

5/30/2018
10:20 AM
50%
50%

Mobile Malware Moves to Mine Monero (and Other Currencies)

A new report shows that cryptocurrencies tend to be the focus of a growing number of malicious apps.

Cryptocurrencies are good news for bad guys. That's a key finding of a new report on mobile threats from the first quarter of 2018. In another major finding, nation-state threat actors seem here to stay, and they have a growing love for mobile platforms.

The Mobile Threat Landscape Q1 2018 Report, sponsored by RiskIQ, analyzed 120 mobile app stores and billions of daily scanned resources for its data. And in spite of headlines, the overall news is promising, with a reduction in the total number of malicious apps found.

According to the report, malicious blacklisted apps are increasingly masquerading as cryptocurrency wallets, exchanges, or generic cryptocurrency applications. Once installed, these malicious apps will either begin working to steal legitimate cryptocoins from wallets, or begin mining cryptocurrency, frequently the highly anonymous Monero, using the device's compute resources.

The research also found that the vast majority — 86% — of malicious apps share the READ_SMS permission, which allows the app to read messages and can be used for functions like side-stepping two-factor authentication. Other commonly shared permissions include access to cameras, microphones, and location information.

For more, read here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
RyanSepe
50%
50%
RyanSepe,
User Rank: Ninja
5/31/2018 | 9:28:34 AM
Buyer Beware
The only protection here is research. These pieces of malware are very pervasive and easy to download if you do not perform due diligence on the provider.
Election Websites, Back-End Systems Most at Risk of Cyberattack in Midterms
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/14/2018
Oh, No, Not Another Security Product
Paul Stokes, Founder & CEO of Prevalent AI,  8/9/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2017-13106
PUBLISHED: 2018-08-15
Cheetahmobile CM Launcher 3D - Theme, wallpaper, Secure, Efficient, 5.0.3, 2017-09-19, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13107
PUBLISHED: 2018-08-15
Live.me - live stream video chat, 3.7.20, 2017-11-06, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13108
PUBLISHED: 2018-08-15
DFNDR Security Antivirus, Anti-hacking & Cleaner, 5.0.9, 2017-11-01, Android application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13100
PUBLISHED: 2018-08-15
DistinctDev, Inc., The Moron Test, 6.3.1, 2017-05-04, iOS application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.
CVE-2017-13101
PUBLISHED: 2018-08-15
Musical.ly Inc., musical.ly - your video social network, 6.1.6, 2017-10-03, iOS application uses a hard-coded key for encryption. Data stored using this key can be decrypted by anyone able to access this key.