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Bitcoin,Litecoin mining rig cryptocurrency 2500W system, 6x 280x ASUS Beast 2014 – Video

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Bitcoin,Litecoin mining rig cryptocurrency 2500W system, 6x 280x ASUS Beast 2014
Link: https://www.youtube.com/watch?v=P5TrWC1V7fg Bitcoin,Litecoin mining rig any coin cryptocurrency 2500W system, 6x 280x ASUS Beast Link: https://www.yout...

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Bitcoin,Litecoin mining rig cryptocurrency 2500W system, 6x 280x ASUS Beast 2014 - Video

Hacker mines $620K in cryptocurrency under victims’ noses

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Computerworld - A German hacker generated more than $620,000 in cryptocurrency after hijacking an unknown number of network storage devices and turning them into digital slaves to mine Dogecoin, researchers said today.

"This wasn't unique, we've seen other malware install [cryptocurrency] miners, but we haven't seen anything this big before," said Pat Litke, a researcher at Dell SecureWorks' Counter Threat Unit (CTU). "That was mostly due to the infection vector. He could just walk in the door."

Litke and David Shear, a network security analyst also with SecureWorks, were referring to vulnerabilities in network-attached storage (NAS) systems manufactured by Taiwan-based Synology that the hacker exploited before planting a customized cryptocurrency miner on the devices.

Synology had issued patches for the vulnerabilities shortly after the flaws were made public last September; the hacked NAS systems had not been updated with the fixes.

Unpatched NAS devices were found and exploited, and then their computing and graphical horsepower -- the boxes were computers in all but name -- were set to work generating Dogecoins, an alternative to the better known Bitcoin. Within months, the hacker's network of compromised devices mined over 500 Million Doge, or just over $620,000, Litke said.

Hackers have long targeted cryptocurrency with specialized malware, but almost all of their efforts have targeted existing digital money, primarily Bitcoins, stored in virtual "wallets." In February, Litke and Joe Stewart, director of SecureWorks' malware research, presented their findings on the rapid increase in cryptocurrency-stealing malware at the RSA Conference.

Planting malware to actually create digital funds, however, is a relatively new development, said Litke, and the evidence they collected on the Synology NAS-hijacking showed how lucrative the practice can be. That bodes ill.

"It will become fairly commonplace, even as an afterthought, for [cyber criminals] to add malware miners [to their payloads]," said Shear, who expects other cyber criminals to quickly adopt the strategy. "We're kind of already there. With a big enough botnet, and we're talking big, they could out-hash anyone."

SecureWorks also dug up some other interesting elements of the NAS hijack, including the native language of the hacker (or hackers), and the fact that the mining of Dogecoins couldn't have been exclusively from the compromised storage devices.

The username the firm's researchers found in the malware's configuration file led them to other digital bits, including a Github account, while multiple hacker forums showed that the hacker communicated exclusively in German.

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Hacker mines $620K in cryptocurrency under victims' noses

Hacked Synology NAS systems used in big-profit cryptocurrency mining scheme

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By Lucian Constantin

June 16, 2014 03:46 PM ET

IDG News Service - A hacker exploited publicly known vulnerabilities to install malware on network-attached storage systems manufactured by Synology and used their computing power to generate Dogecoins, a type of cryptocurrency.

The operation took place during the first months of the year and is likely the most profitable of its kind to date, earning the attacker over US$600,000 according to a recent analysis by researchers from Dell SecureWorks.

Using CPUs and GPUs to solve cryptographic problems as part of cryptocurrency systems is an activity referred to as mining. Those who perform it -- typically using their own systems -- are automatically rewarded by the system with units or subunits of that respective currency.

At the beginning of February reports started appearing online from users complaining about sluggish performance and high CPU usage on their Synology NAS systems, which have a Linux-based operating system called DiskStation Manager (DSM) developed by the Taiwan-based manufacturer.

The problems were tracked to an unauthorized application running on affected systems from a directory called PWNED that turned out to be a custom version of a cryptocurrency mining program called CPUMiner specifically compiled for Synology's DSM OS, the Dell SecureWorks researchers said Friday in a blog post.

An analysis of the rogue program showed that it had been configured to mine Dogecoin, a peer-to-peer cryptocurrency similar to Bitcoin that was launched in December 2013.

The Dell SecureWorks researchers identified two electronic wallet addresses associated with the rogue mining activity and determined that their owner had mined over 500 million Dogecoins, worth about $620,000, mostly during January and February.

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Hacked Synology NAS systems used in big-profit cryptocurrency mining scheme

Hacked Synology NAS systems used in high-profit cryptocurrency mining operation

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Lucian Constantin | June 17, 2014

A hacker exploited publicly known vulnerabilities to install malware on network-attached storage systems manufactured by Synology and used their computing power to generate Dogecoins, a type of cryptocurrency.

A hacker exploited publicly known vulnerabilities to install malware on network-attached storage systems manufactured by Synology and used their computing power to generate Dogecoins, a type of cryptocurrency.

The operation took place during the first months of the year and is likely the most profitable of its kind to date, earning the attacker over US$600,000 according to a recent analysis by researchers from Dell SecureWorks.

Using CPUs and GPUs to solve cryptographic problems as part of cryptocurrency systems is an activity referred to as mining. Those who perform it -- typically using their own systems -- are automatically rewarded by the system with units or subunits of that respective currency.

At the beginning of February reports started appearing online from users complaining about sluggish performance and high CPU usage on their Synology NAS systems, which have a Linux-based operating system called DiskStation Manager (DSM) developed by the Taiwan-based manufacturer.

The problems were tracked to an unauthorized application running on affected systems from a directory called PWNED that turned out to be a custom version of a cryptocurrency mining program called CPUMiner specifically compiled for Synology's DSM OS, the Dell SecureWorks researchers said Friday in a blog post.

An analysis of the rogue program showed that it had been configured to mine Dogecoin, a peer-to-peer cryptocurrency similar to Bitcoin that was launched in December 2013.

The Dell SecureWorks researchers identified two electronic wallet addresses associated with the rogue mining activity and determined that their owner had mined over 500 million Dogecoins, worth about $620,000, mostly during January and February.

"To date, this incident is the single most profitable, illegitimate mining operation," the researchers said. "This conclusion is based in part on prior investigations and research done by the Counter Threat Unit, as well as further searching of the Internet."

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Hacked Synology NAS systems used in high-profit cryptocurrency mining operation

Facebook Approves Cryptocurrency Tipping Apps — Bitcoin Weekend In San Francisco – Video

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Facebook Approves Cryptocurrency Tipping Apps -- Bitcoin Weekend In San Francisco
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Facebook Approves Cryptocurrency Tipping Apps -- Bitcoin Weekend In San Francisco - Video