
Due to the recent surge in cryptocurrency prices, not only hackers but also legitimate website administrators are increasingly using JavaScript-based cryptocurrency miners to monetize by levying the CPU power of your PC to mine Bitcoin or other cryptocurrencies.
Just last week, researchers from AdGuard discovered
that some popular video streaming and ripper sites including openload,
Streamango, Rapidvideo, and OnlineVideoConverter hijacks CPU cycles from
their over hundreds of millions of visitors for mining Monero
cryptocurrency.
Now, researchers from Moscow-based cyber security firm Kaspersky Lab have uncovered
a new strain of Android malware lurking in fake anti-virus and porn
applications, which is capable of performing a plethora of nefarious
activities—from mining cryptocurrencies to launching Distributed Denial
of Service (DDoS) attacks.
Dubbed Loapi, the new Android Trojan can perform so many more
malicious activities at a time that can exploit a handset to the extent
that within just two days of infection it can cause the phone's battery
to bulge out of its cover.
Described as a "jack-of-all-trades"
by the researchers, Loapi has a modular architecture that lets it
conduct a variety of malicious activities, including mining the Monero
cryptocurrency, launching DDoS attacks, bombarding infected users with
constant ads, redirecting web traffic, sending text messages, and
downloading and installing other apps.
Loapi Destroyed An Android Phone In Just 2 Days
When analyzed a Loapi sample, Kaspersky's researchers discovered that
the malware mines the Monero cryptocurrency so intensely that it
destroyed an Android phone after two days of testing, causing the
battery to bulge and deforming the phone cover.
According to researchers, the cybercriminals behind Loapi are the same
responsible for the 2015 Android malware Podec. They are distributing
the malware through third-party app stores and online advertisements
that pose as apps for "popular antivirus solutions and even a famous
porn site."
A screenshot in the Kaspersky blog suggests that Loapi impersonates as
at least 20 variations of adult-content apps and legitimate antivirus
software from AVG, Psafe DFNDR, Kaspersky Lab, Norton, Avira, Dr. Web
and CM Security, among others.
Upon installation, Loapi forces the user to grant it 'device
administrator' permissions by looping a pop-up until a victim clicks
yes, which gives the malicious app the same power over your smartphone
that you have.
This highest level privilege on a device
would also make the Loapi malware ideal for user espionage, though this
capability is not yet present in the malware, the Kaspersky researchers
think this can be included in the future.
Loapi Malware Aggressively Fights to Protect Itself
Researchers also said the malware "aggressively fights any attempts to revoke device manager permissions" by locking the screen and closing phone windows by itself.
Loapi communicates with the module-specific command and control
(C&C) servers, including advertisement module, SMS module and mining
module, web crawler, and proxy module, for different functions to be
performed on the infected device.
By connecting with one of the above-mentioned C&C servers, Loapi
sends a list of legitimate antivirus apps that pose it danger and claims
the real app as malware and urges the user to delete it by showing the
pop-up in a loop until the user finally deletes the app.
"Loapi is an interesting representative from the world of malicious
Android apps. It’s creators have implemented almost the entire spectrum
of techniques for attacking devices: the Trojan can subscribe users to
paid services, send SMS messages to any number, generate traffic and
make money from showing advertisements, use the computing power of a
device to mine cryptocurrencies, as well as perform a variety of actions
on the internet on behalf of the user/device," the researchers
concluded.
Fortunately, Loapi failed to make its ways to Google Play Store, so
users who stick to downloads from the official app store are not
affected by the malware. But you are advised to remain vigilant even
when downloading apps from Play Store as malware often makes its ways to
infect Android users.