Thousands of open libraries have been infected by a new type of a cryptojacking code which aims to initiate malicious mining. The latest cryptocurrency news show that the code was already found in 11 open source code libraries written in Ruby which have been downloaded thousands of times so far.
According to the industry news outlet Decrypt and its reports on August 21, the cryptojacking code has been added to the 11 open source Ruby libraries distributed on the RubyGems platform. The report also features that the infected libraries were downloaded more than 3,500 times.
The altcoin news note that the hackers reportedly downloaded the software, infected it with the malware (using the cryptojacking code) and re-posted it on RubyGems. The malicious code was first noticed by a GitHub user who posted on the network reporting the issue on August 19. The user also pointed out that when executed, the library downloaded even more code from the test hosting service Pastebin – triggering malicious mining.
The cryptojacking code and malware also sent the address of the infected host to the attacker alongside the environment variables which may have included credentials. As some users pointed out, RubyGems contributors should enable two-factor authentication on their accounts mostly because of potential compromises and infecting many other system.
As the best cryptocurrency news sites reported, five of the libraries which were infected were cryptocurrency-specific, meaning that there were names like doge-coin, bitcoin_vanity, coin_base and blockchain_wallet spread around. The last two were the most downloaded, with coin_base having more than 424 downloads while blockchain_wallet had 423.
However, this cryptojacking code is nothing new in the world of viruses and infected mining. As we recently reported, the cybersecurity company Varonis has discovered a new cryptojacking virus which is dubbed “Norman” – that aims to mine the cryptocurrency Monero (XMR) and evade detection without the user knowing what’s happening in the background.
A report published on our site earlier this year has also shown that cryptojacking is prime example of a shift towards discreet cyberattacks – something that is trending right now. So far, we have seen so many variants of pieces of malware which are spreading or being loaded.
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“Therefore, these should be registered with the Commission and necessary disclosures need to be made for the protection of the investing public," the draft notes.In February this year, CEZA announced a new set of rules governing digital asset token offerings, designed to regulate the industry and protect investors against acquisition of utility and security tokens.
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US Treasury Sanctioned Major North Korean Hacker Groups For Cyberattacks
“Treasury is taking action against North Korean hacking groups that have been perpetrating cyber attacks to support illicit weapon and missile programs. [...] We will continue to enforce existing U.S. and UN sanctions against North Korea and work with the international community to improve cybersecurity of financial networks.”In August this year, many best cryptocurrency news sites talked about the US Treasury and its attempts to sanction hacker groups. The news also reported that the United Nations claimed that North Korea had netted around $2 billion by hacking banks and cryptocurrency exchanges. The UN Security Council North Korea Sanctions Committee also came up with a statement, saying that these hackers formed an essential part of the government's funding, reporting the following:
“Democratic People’s Republic of Korea cyber actors, many operating under the direction of the Reconnaissance General Bureau, raise money for its WMD (weapons of mass destruction) programs, with total proceeds to date estimated at up to two billion US dollars.”On September 1 this year, we also reported that the North Korea official state media denied allegations of massive theft by North Korean agents. The KCNA cited a statement from the National Coordination Committee of the DRPK which accused the US and other hostile forces of spreading slanderous rumors. The statement read:
“Such a fabrication by the hostile forces is nothing but a sort of a nasty game aimed at tarnishing the image of our Republic and finding justification for sanctions and pressure campaign against the DPRK.”The statement also added that the UN is "re-enacting the same old trick as the fascist propagandists of Hitler used to use."
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