Cryptojacking Overtakes Ransomware, Malware-as-a-Service on the Rise

guest · Feb 6, 2019

Cryptojacking Overtakes Ransomware, Malware-as-a-Service on the Rise
February 6, 2019
https://www.bleepingcomputer.com/ne...-ransomware-malware-as-a-service-on-the-rise/

Cryptominers infected roughly ten times more organizations during 2018 than ransomware did, however only one in five security professionals knew that their company's systems have been impacted by a malware attack as reported by Check Point Research.

According to Check Point Research, "the most prominent cryptomining malware dominating the Global Top Cryptominers Malware list are Coinhive, CryptoLoot, and JSEcoin. These malware strains have also kept their place at the top of the list since 2017."
Malware markets provide a huge trove of malicious tools and services
Also, "The different Malware-as-a-Services available include the infamous AZORult, File-Locker and Kraken ransomware that made headlines over the past year. The authors of GandCrab ransomware even offer technical support and tutorial videos for their product."

"Malware-as-a-Service provides everything a cyber criminal needs to get started and threatens modern organizations in two ways. It creates a demand for better, easier-to-use malicious programs, as malware developers seek to distinguish themselves from any competition. This leads to significant strides in the accessibility and sophistication of malware threats," Check Point Research concludes.
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guest · Aug 9, 2019

Are You Ready for Malware-as-a-Service?
New types of attacks provide multi-layered risk that require a multi-layered response
August 8, 2019
https://www.symantec.com/blogs/expert-perspectives/are-you-ready-malware-service

A trend that is less talked about, but which should be on the radar screen of anyone interested in cyber security, is Malware-as-a-Service.

With the availability of a vast array of software, which can be purchased as individual services or an entire cyber attack package, bad actors have taken a disturbing leap in how they monetize their attacks. One area this is particularly rampant is among cyber attacks on banks and financial institutions.
Stealing Passwords Is Just the Start
Historically, banking Trojans were used to steal passwords, pin numbers, and other banking credentials from victims. Today, this is only a first step in a multi-pronged strategy.
To begin with, a criminal might gain access to a network with Emotet, a modular banking Trojan. An email with a malicious link leads the victim to a downloader document, which captures the victim’s username and password. This is when things really get tricky, since the Trojan will be a foothold to deploy other malware.
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In the “Malware-as-a-Service” era, complacency is one your biggest foes. If cyber security teams identify Trickbot on their network, they might breathe a sigh of relief that they have addressed am attack. They might not realize Trickbot was used to drop another malware, like LokiBot on their network.
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Cryptojacking Overtakes Ransomware, Malware-as-a-Service on the Rise

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