WannaCry Ransomware: Hackers Mint Crypto-Currency With New Mining Technique

Advertisement
By Reuters | Updated: 17 May 2017 16:11 IST

A computer virus that exploits the same vulnerability as the global "ransomware" attack has latched on to more than 200,000 computers and begun manufacturing digital currency, experts said Tuesday.

The development adds to the dangers exposed by the WannaCry ransomware and provides another piece of evidence that a North Korea-linked hacking group may be behind the attacks.

WannaCry, developed in part with hacking techniques that were either stolen or leaked from the US National Security Agency, has infected more than 300,000 computers since Friday, locking up their data and demanding a ransom payment to release it.

Advertisement

What Is WannaCry, Who Is Affected, and Everything Else You Need to Know About It

Researchers at security firm Proofpoint said the related attack, which installs a currency "miner" that generates digital cash, began infecting machines in late April or early May but had not been previously discovered because it allows computers to operate while creating the digital cash in the background.

Advertisement

Proofpoint executive Ryan Kalember said the authors may have earned more than $1 million, far more than has been generated by the WannaCry attack.

Advertisement

Like WannaCry, the program attacks via a flaw in Microsoft Corp's Windows software. That hole has been patched in newer versions of Windows, though not all companies and individuals have installed the patches.

Digital currencies based on a technology known as blockchain operate by enabling the creation of new currency in exchange for solving complex math problems. Digital "miners" run specially configured computers to solve the problems and generate currency, whose value ultimate fluctuates according to market demand.

Advertisement

Bitcoin is by far the largest such currency, but the new mining program is not aimed at Bitcoin. Rather it targeted a newer digital currency, called Monero, that experts say has been pursued recently by North Korean-linked hackers.

North Korea has attracted attention in the WannaCry case for a number of reasons, including the fact that early versions of the WannaCry code used some programming lines that had previously been spotted in attacks by Lazarus Group, a hacking group associated with North Korea.

Security researchers and US intelligence officials have cautioned that such evidence is not conclusive, and the investigation is in its early stages.

In early April, security firm Kaspersky Lab said that a wing of Lazarus devoted to financial gain had installed software to mine Moreno on a server in Europe.

A new campaign to mine the same currency, using the same Windows weakness as WannaCry, could be coincidence, or it could suggest that North Korea was responsible for both the ransomware and the currency mining.

Kalember said he believes the similarities in the European case, WannaCry and the miner were "more than coincidence."

"It's a really strong overlap," he said. "It's not like you see Moreno miners all over the world."

The North Korean mission to the United Nations could not be reached for comment, while the FBI declined to comment.

© Thomson Reuters 2017

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. OnePlus Pad Go 2 Review
  2. Airtel-Perplexity Free Offer Now Requires a Card to Continue
  3. Oppo Reno 15 Pro Mini Confirmed to Launch in India Alongside These Models
  4. Here's When the Redmi Pad 2 Pro 5G Will Launch in India
  5. OnePlus Reportedly Developing New Smartphone for India, Global Markets
  6. iQOO Z11 Turbo Design Teased; Specifications Leaked
  7. Xiaomi 17 Ultra to Launch in a 'Starry' Green Shade in China on This Date
  8. Huawei Nova 15 Series With Kirin Chips, Up To 6,500mAh Batteries Launched
  9. You Can Now Adjust How ChatGPT Responds to You With New Settings
  10. Asus VM670KA AiO All-in-One Desktop PC With 27-Inch Display Launched in India
  1. Blue Origin Launches First Wheelchair User to Space and Back
  2. Planet-Eating Stars Offer a Glimpse Into Earth’s Fate as the Sun Nears Its Final Stages
  3. New Ionic Liquid Breaks Stability Barrier for Perovskite Solar Cells
  4. Yann LeCun Sets Up Advanced Machine Intelligence AI Startup After Announcing Departure From Meta
  5. Nayanam Now Available For Streaming Online: What You Need to Know About This Psychological Thriller Online
  6. Kaya-Chan Isn’t Scary OTT Release Details: Know Where to Watch This Anime Horror-Comedy Series Online
  7. Samsung Galaxy S25 Series Gets One UI 8.5 Beta 2 Update in India With New Improvements, Bug Fixes
  8. Oppo Pad Air 5 Display, Battery Upgrades Confirmed Ahead of December 25 Launch in China
  9. OpenAI Upgrades ChatGPT With Adjustable Personality Traits, Response Styles
  10. Huawei Nova 15 Ultra Launched With 6,500mAh Battery, Kirin 9010S Chip, Nova 15 Pro, Nova 15 Tag Along: Price, Features
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.