How Akamai Prevents Coin Mining Malware

GlobalDots
2 Min read

The rise of cryptocurrency value has resulted in malicious actors doing whatever it takes to achieve capital gain. Spreading coin mining malware is one of the ways cybercriminals are trying to gain the system – and your data could be at risk.

Reduce your AWS costs by over 50%

Discover your Cloud Saving Potential – Answer just 5 simple questions. AppsFlyer, Playtika, Lufthansa, IBM, top leading companies are already using our FinOps services.

Reduce your AWS costs by over 50%

Cryptocurrency mining refers to the practice of using computer hardware to “mine” cryptucurrency like Bitcoin. It usually requires a lot of processing power, and it uses up large amounts of electricity.

The term “coin mining malware” refersr to malware that malicious actors use to install coin miners onto users’ systems. This enables them to utilize the compromised systems’ computing resources for their own financial gain. Coin-mining malware has had a lot of media coverage in recent months, but it has roots dating back to 2011.

It works by infecting computers and using their processing power to mine cryptocurrency tokens. This means that the infected device/computer slows down to the point where it is unusable.

Akamai, one of the world’s leading CDN providers, has been developing various forms of threat mitigation over the last several years, and has built out an entire threat research team to study the behavior of these hazards, in addition to take an algorithmic approach to identifying the anomalies in behavior for various DNS lookups.

Coin mining malware drop sites domains to Akamai’s threat list and will continue to track new domains as they are uncovered. The intent here is to provide an additional layer of protection against malware such as coin mining.

coin mining malware

Image source

Read more: Akamai Blog

Latest Articles

3 IT Infrastructure Costs Increasing in 2024:

As we navigate through the evolving landscape of IT infrastructure, a closer look at the cost trends for 2024 reveals significant shifts. From cloud expenses feeling the pressure of economic changes. With global cloud spending expected to hit over $1 trillion and various sectors facing unique challenges, staying informed is more crucial than ever.  Dive […]

Miguel Fersen Iberia & LATAM Regional Manager @ GlobalDots
26th February, 2024
Justt – IaC

Justt is a chargeback mitigation startup based in Tel Aviv. Chargebacks, as defined, are demands by a credit card provider for a retailer to reimburse losses on fraudulent or disputed transactions. Justt’s objective is to assist merchants worldwide in combating false chargebacks using its proprietary artificial intelligence technology.

GlobalDots
22nd February, 2024
8 FinOps Best Practices for Cutting Cloud Costs

The cloud used to be viewed as a place of significant cost savings: rather than purchasing and maintaining dozens of server stacks, organizations could outsource this and purchase compute power on an as-needed basis. In the ensuing rush to cloud architecture, however, many companies simply lifted-and-shifted their old financial bad habits. The sheer speed of […]

GlobalDots
22nd February, 2024

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

Unlock Your Cloud Potential