Bitcoin News and Finance HP-Branded Servers Hijacked to Mine $110,000 Worth of Cryptocurrency Skip to main content

HP-Branded Servers Hijacked to Mine $110,000 Worth of Cryptocurrency

HP

Hackers recently took control of a group of HP-branded servers and used them to remotely mine a cryptocurrency called raptoreum, according to reports. This resulted in the compromised cluster of HP machines becoming the biggest contributor to the total mining pool of the cryptocurrency, allowing attackers to rake in $110,000 worth. The coins are said to have been mined between December 9 and December 17.

HP Servers Suffer Cryptojacking Attack

A group of HP servers operating for an undisclosed company was attacked by hackers that managed to take control of the hardware and repurpose it to mine cryptocurrency. The crypto chosen by the hackers was called raptoreum, a coin in the top 1,000 by market cap that takes advantage of an algorithm called Ghostrider, blending PoW (proof-of-work) and PoS (proof-of-stake) consensus mechanisms.

The server cluster started mining raptoreum on December 9, and at the time, it provided more hash power than all other parties combined on the Raptoreum blockchain. This allowed the attackers to rake in more than $110,000 worth of raptoreum in the period between December 9 and December 17.

The server group disappeared from the Raptoreun network on December 17, an indication that they could have been patched to eliminate the threat after it was detected.

Log4j Leveraged

The attack used a recently discovered vulnerability called Log4shell, which allows attackers to gain control of a system remotely. Log4shell uses Log4j, which is a registry library used widely in Apache-based systems. This vulnerability was discovered in early December, and in this case, it was leveraged to pass the execution of a crypto mining software.

The vulnerability has been classified as critical by its discoverers due to how common its utilization is, even when it comes to massive operations like Microsoft and IBM. While the software has been patched in some of its implementations, investigators are still discovering new ways in which it can be leveraged. It was recently discovered that the software is also vulnerable to local attacks, meaning that the servers can be executing code remotely without being connected to the internet.

During the first half of this year, cryptojacking attacks have decreased for the first time since 2018, according to a report titled “Cloud Thread Report,” issued by Unit 42, a security consulting firm. However, in a follow-up report, the firm also found that 63% of third-party code templates used in building cloud infrastructure contained insecure configurations that could lead to losing control of the hardware.

What do you think about the attack on HP-branded servers to mine raptoreum? Tell us in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Blogarama - Blog Directory