Researchers Discover 3 Monero Mining Malware Apps on Play Store
Today cyber criminals are devising new ways to use cryptocurrency miners and make easy money. Hackers simply target unsuspecting users and use their CPU power to mine for cryptocurrency, without their consent.
Quite recently we had heard of a couple of cryptocurrency mining malware apps targetting Android users. Now, here comes the news about some other such malware having targeted Android devices. Researchers have found three apps infected with cryptocurrency malware on Google Play Store and used to generate Monero coins.
Cryptocurrency miners work in a very different way; when users visit a website that uses such mining code, the malware works by using the CPU power to mine for cryptocurrency. Similarly, in the case of a smartphone, the users are targeted by malware-infected apps which would use the phone’s power to mine for cryptocurrency.
The TrendMicro research team has informed Google about these cryptocurrency mining apps and these apps are no longer on Google Play.
The TrendMicro blog post points out- “These threats highlight how even mobile devices can be used for cryptocurrency mining activities, even if, in practice, the effort results in an insignificant amount of profit. Users should take note of any performance degradation on their devices after installing an app.”
Julia Sowells960 Posts
Julia Sowells has been a technology and security professional. For a decade of experience in technology, she has worked on dozens of large-scale enterprise security projects, and even writing technical articles and has worked as a technical editor for Rural Press Magazine. She now lives and works in New York, where she maintains her own consulting firm with her role as security consultant while continuing to write for Hacker Combat in her limited spare time.