cryptomining

Stopping cryptomining malware

One month after the release of the Acronis True Image 2019 Cyber Protection update, we’ve already gotten some interesting findings and amazing results to share from our update to our Acronis Active Protection defensive technologies. One of the major features added as part of the Cyber Protection update was the ability to detect and stop potential cryptomining malware in Windows systems, safeguarding the machines resources, performance and potential hardware of Acronis True Image users.

While we did not expect to see a lot of detections during the initial rollout, the telemetry data collected so far – surprisingly – shows the opposite.

 

RanSim adds cryptojacking scenarios

We’ve blogged about RanSim before: it’s a nice tool from KnowBe4, a security awareness training company that employs the famous former hacker, Kevin Mitnick. They help people learn about IT security and prepare for various security threats. RanSim originally served as a ransomware simulator – allowing users to see if their systems were protected against ransomware attacks without the risk of the real thing.

Recently, KnowBe4 updated RanSim so that it also emulates cryptojackers – the latest, fast-growing malware threat that targets computers and mobile devices to hijack system resources to secretly mine cryptocurrency – and Acronis' cyber protection technology performed extremely well.

 

Cryptojacking - The Petty Cyber Crime Hiding a Deadly Threat

One of the fastest-growing malware threats of the past 18 months affects half of the businesses in the world, and most of them don’t know it. It’s called cryptojacking, an unintended consequence of the booming popularity of cryptocurrencies like Bitcoin. Most victims don’t notice that they’ve been hit by cryptojacking because its adverse effects are relatively inconsequential: it just steals CPU cycles from your computer, as well as the electricity required to power it.

Getting hit by ransomware -- a similarly-pervasive and fast-growing but much more destructive malware threat -- is like a roundhouse punch to the face: your files get locked up with encryption until you pay some distant criminal hundreds or thousands of dollars for the key. Compared to ransomware, cryptojacking seems more like a mosquito bite: an annoyance, not a grave threat.

But the harsh reality is that like disease-carrying insects, some cryptojackers bring lethal friends along with them.

Acronis True Image 2019 Cyber Protection

There are few constants in the world. The sun will rise in the east. Rain will fall. Dropped toast will always land buttered-side down. And as quickly as technology advances, the threats to the data we rely on every day evolve as well.

While it is difficult to imagine every potential data loss event, since our founding 15 years ago, Acronis has gotten very good at anticipating and responding to threats so customers are always protected. Every solution Acronis offers is designed with the Five Vectors of Data Protection in mind – ensuring data is Safe, Accessible, Private, Authentic and Secure. We remember it by its acronym: SAPAS.

This week’s update for Acronis True Image 2019 is the latest addition to our SAPAS-defined protection portfolio.