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THE ILLICIT CRYPTOCURRENCY MINING THREAT Finally, over the longer term, if nations begin to issue their own national cryptocurrencies, as some already have on a limited basis, illicit cryptocurrency mining or other cryptocurrency attacks could be used as a form of economic warfare to destabilize economies. Illicit cryptocurrency mining by malicious actors could be used to drive up inflation or initiate 51 percent attacks, limiting the ability of a central government bank to control their economies or polluting the transaction history. VII. CONCLUSION This paper is a call to action for network defenders. By implementing the recommendations and best practices in this report, they will be able to make an outsized impact on the threat of illicit cryptocurrency mining and save their organizations time and resources while also improving their security posture against other cyber threats. CTA and network defenders have the ability to disrupt the activities of illicit miners by raising their costs and forcing them to change their behavior. Together, we can keep them from succeeding in their goals. Illicit cryptocurrency mining has rapidly emerged as a significant cybersecurity threat. In CTA’s view, this threat is not a temporary fad, but an enduring problem in the digital ecosystem that will continue to evolve. This paper demonstrated why network owners and operators should be concerned about illicit cryptocurrency mining — it is not a victimless or harmless crime. Network defenders have a real opportunity to disrupt threat actors that rely on illicit mining operations to generate revenue. Revenue generation on a per-infection basis is currently low. As network defenders implement best practices and CTA’s recommendations, they make it more difficult for malicious actors to infect their machines. Malicious actors are then forced to make improvements in sophistication that require additional resources and investment to infect these machines. Eventually, the actors will reach a point of diminishing returns. It will require too many resources to justify the small amount of revenue produced by each infected machine. Thus, proper improvements in security may actually drive malicious actors to abandon mining altogether. Even better, making these basic improvements will also increase your defenses against other malicious actors that seek to steal or manipulate data or disrupt business processes. 24PDF Image | ILLICIT CRYPTOCURRENCY MINING THREAT
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