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Monday, 2 April 2018

Students Abuse Free Power for Crypto Mining; Criminals Abuse Students

In news that will surprise precisely nobody, students have realized that they can abuse college resources for mining cryptocurrency. Following this, criminals realized that they can abuse students’ love of pornography and illegal movie streaming to do the same.
Well, Duh?
I said it wasn’t going to surprise anyone, but the figures, published in Vectra’s Attacker Behaviour Industry Report and summarized in this blog post, might.

According to the report, a staggering 60% of cryptocurrency mining detections occurred in the higher education sector. This was not so closely followed by healthcare (3%) and financial services (3%).
That is a truly astonishing proportion of detections accountable to just higher education. And as seen in this Reddit thread, many students don’t even perceive this misuse of university resources as questionable.
Bad Actors
We can’t attribute all of this figure to students taking advantage of free electricity and high bandwidth connections though. The report notes that higher education also accounts for the highest volume of attacker behaviors. The sector reports 3,715 detections per 10,000 devices, the majority of which is down to command and control (C&C) activity.
In fact, the C&C activity in universities and …

Read more –> click here all content is copyright Bitcoinist.

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