Both intentional cryptocurrency extraction and cryptojacking are becoming more common on college campuses than in any other industry, according to a blog published by Vectra.
Vectra explored five industries where crypto mining is a blog post, defined as “opportunistic attack behavior using a botnet to create a large scale of processing power”, incorrectly combining cryptocurrencies and cryptojacking in one of the uses of 2018, discovering that “higher education” , sees more production than the other four industries combined.
Universities can not control their networks as strictly as corporations, “at best consultants [students] about how to protect themselves and the university by installing operating system fixes and learning about phishing messages, suspicious websites and web ads “, Campuses are more open to cryptocurrency schemes. The blog notes that, given the “free source of power” provided by universities to their students (which means free for students, and not for free in essence), “[l] arge student-population is the ideal pasture for cryptojacking .”
Students, and not malicious cryptojacking, taking advantage of this “free power”, “are simply opportunistic, as the value of cryptocurrency has increased over the past year,” Vectra writes in a blog.
Joey Dillich, a student at the University of Western Kentucky, told the financial news site MarketWatch that he was launching cryptocurrency with Bitmain Antminer in his room with the “free electricity” of his school:
“I believe that more people should do this. It’s super fun and a cool cheap way to get to know the mining market. “
Dillich adds that because the mountain tower is in fact a prohibited object in his hostel, because it is a fire hazard, he must “turn it off and put a blanket on it” during the “check-in days” dormitory “, adding that his” RA likes to come in and talk about it with me. ”
In January of this year, Stanford University issued a warning against crypto mining on campus, as school resources “should not be used for personal financial gain,” and also with reference to the chief information security officer of the school:
“Cryptocurrency mining is the most profitable when the cost of computing is minimized, which unfortunately led to system hacking, improperly used university computer equipment, and personally belonged to mining equipment using the power of the campus.”
Vectra also notes problems with cryptocurrency mining and cryptojacking as “creating noise that can hide serious security problems; […] affect the reputation of the organization’s IP address […]; [allowing] cybercriminals [to gain access to hacked computers to launch targeted attacks against universities.”
In the Vectra blog, which has already several times confused crypto and crypto isolation, then it understands the mechanism of cryptojacking in detail, mentioning Coinhive and the Monero algorithm based on the CryptoNight algorithm, as usual cryptocurrency processing methods.
Recently it was reported on the ethics of cryptojacking , referring to both cases when permission was allowed before translating the computing power of the computer to my (for example, Salon.com), as well as malicious or unknown use cases (for example, Showtime and Telecom Egypt).