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Yahoo malware enslaves PCs to Bitcoin mining | Yahoo malware enslaves PCs to Bitcoin mining |
(about 1 hour later) | |
Adverts on Yahoo's homepage were infected with malware designed to mine the Bitcoin virtual currency, according to security experts. | Adverts on Yahoo's homepage were infected with malware designed to mine the Bitcoin virtual currency, according to security experts. |
Yahoo confirmed that for a four-day period in January, malware was served in ads on its homepage. | Yahoo confirmed that for a four-day period in January, malware was served in ads on its homepage. |
Experts estimate that as many as two million European users could have been hit. | Experts estimate that as many as two million European users could have been hit. |
Security firm Light Cyber said the malware was intended to create a huge network of Bitcoin mining machines. | Security firm Light Cyber said the malware was intended to create a huge network of Bitcoin mining machines. |
"The malware writers put a lot of effort into making it as efficient as possible to utilise the computing power in the best way," Light Cyber's founder Giora Engel told the BBC. | "The malware writers put a lot of effort into making it as efficient as possible to utilise the computing power in the best way," Light Cyber's founder Giora Engel told the BBC. |
Lucrative market | Lucrative market |
Bitcoin mining malware is designed to steal computing power to make it easier for criminals to accumulate the virtual currency with little effort on their part. | Bitcoin mining malware is designed to steal computing power to make it easier for criminals to accumulate the virtual currency with little effort on their part. |
"Generating bitcoins is basically guessing numbers," said Amichai Shulman, chief technology office of security firm Imperva. | "Generating bitcoins is basically guessing numbers," said Amichai Shulman, chief technology office of security firm Imperva. |
"The first one to guess the right number gets 25 bitcoins and if you have a large volume of computers guessing in a co-ordinated way then you have a more efficient way of making money," he added. | "The first one to guess the right number gets 25 bitcoins and if you have a large volume of computers guessing in a co-ordinated way then you have a more efficient way of making money," he added. |
Other than a computer running slower, victims will be unaware that their machine is being used in what could become known as a "bitnet". | Other than a computer running slower, victims will be unaware that their machine is being used in what could become known as a "bitnet". |
It is a variation on the traditional botnet, networks of malware-infected computers used to churn out spam or bombard websites with requests in order to knock them offline. | It is a variation on the traditional botnet, networks of malware-infected computers used to churn out spam or bombard websites with requests in order to knock them offline. |
Some experts estimate that such networks could be generating as much as $100,000 (£60,000) each day. | Some experts estimate that such networks could be generating as much as $100,000 (£60,000) each day. |
Since bitcoins have risen in value - at its peak one bitcoin was worth $1,000 - making it a lucrative market for online criminals. | |
"Bitcoin mining malware is the new frontier as criminal gangs look for new ways to make money," said Mr Engel. | "Bitcoin mining malware is the new frontier as criminal gangs look for new ways to make money," said Mr Engel. |
Easy target | Easy target |
Yahoo acknowledged the attack in a statement earlier this week. | Yahoo acknowledged the attack in a statement earlier this week. |
"From December 31 to January 3 on our European sites, we served some advertisements that did not meet our editorial guidelines - specifically, they spread malware," the statement read. | "From December 31 to January 3 on our European sites, we served some advertisements that did not meet our editorial guidelines - specifically, they spread malware," the statement read. |
It went on to say that users in America, Asia and Latin America weren't affected but did not specify how many European users were victims. | It went on to say that users in America, Asia and Latin America weren't affected but did not specify how many European users were victims. |
Fox IT, the Dutch cybersecurity firm which revealed the malware attack, estimates that there were around 27,000 infections every hour the malware was live on the site. | Fox IT, the Dutch cybersecurity firm which revealed the malware attack, estimates that there were around 27,000 infections every hour the malware was live on the site. |
Over the period of the attack that could mean as many as two million machines were infected. | Over the period of the attack that could mean as many as two million machines were infected. |
Such attacks may be hard to avoid, said Mr Shulman. | Such attacks may be hard to avoid, said Mr Shulman. |
"For an ad platform it is virtually impossible to guarantee 100% malware free ads." | "For an ad platform it is virtually impossible to guarantee 100% malware free ads." |
"There are many independent stakeholders involved in the process of web advertising, so from time to time any ad platform is bound to deliver malware." | "There are many independent stakeholders involved in the process of web advertising, so from time to time any ad platform is bound to deliver malware." |