Bitcoin mining malware could be hidden in app, security researchers warn

Computer users are being warned about “scam” apps which stealthily use their PCs resources to “mine” Bitcoins – by getting permission in a lengthy user agreement.

The security company Malwarebytes says that it has come across a program which silently used more than half of a users computer power to perform the complex calculations required to generate the virtual currency, whose value has skyrocketed this year to around $1,000.

Adam Kujawa at Malwarebytes says that the move is one step on from the typical “Potentially Unwanted Programs” which offer browser toolbars and search agents that capture user data and pass it back to the companies, which then use that to serve adverts.

This time, though, the program “installs a Bitcoin minter on the user system, not just for a quick buck but actually written into the softwares EULA [End User Licence Agreement]. This type of system hijacking is just another way for advertising based softeare to exploit a user into getting even more cash.”

via Bitcoin mining malware could be hidden in app, security researchers warn | Technology | theguardian.com.

———————————————-

Journal of Law & Cyber Warfare | www.jlcw.org The Journal of Law & Cyber Warfare provides a public peer-reviewed law publication to foster open discussion and education of technology, government and legal stakeholder in relation to the complex issue of cyber warfare.  Journal of Law & Cyber Warfare accepts articles written by military, technology, judges, government officials, academic and legal practitioners.  The Journal of Law & Cyber Warfare provides a public peer-reviewed law publication to foster open discussion and education of technology, government and legal stakeholder in relation to the complex issue of cyber warfare.  Journal of Law & Cyber Warfare accepts articles written by military, technology, judges, government officials, academic and legal practitioners. The Journal of Law & Cyber Warfare is honored by the world class caliber editorial board that is involved with the Journal. Thought leaders from forensics, law, warfare, and cyber security are on the Board. The Journal is always looking for interested thought leaders who believe they can contribute in a meaningful fashion to the development of Cyber warfare scholarship.