Feeds

Pony up: Botnet succesfully targets Bitcoin

Password-lifting network converted to cryptocoin-thievery

Secure remote control for conventional and virtual desktops

Another $US200,000-plus worth of Bitcoins has been lifted, according to Trustwave, which has identified a new Pony botnet targeting crypto-currencies.

News of the heist comes hard on the heels of Mt Gox withdrawing from the Bitcoin foundation and killing off its social media accounts.

Pony isn't a horse of a completely different colour: it first emerged during 2013, and was fingered for lifting a couple of million passwords in December, as explained in this McAfee blog post.

The same botnet has now been successfully deployed as a crypto-currency stealer, according to a Trustwave Spiderlabs post.

“Not only did this Pony botnet steal credentials for approximately 700,000 accounts, it’s also more advanced and collected approximately $220,000 (all values in this post will be in U.S. dollars) worth, at time of writing, of virtual currencies such as BitCoin (BTC), LiteCoin (LTC), FeatherCoin (FTC) and 27 others,” write the company's Daniel Chechik and Anat Davidi.

They continue: “This instance of Pony compromised 85 wallets, a fairly low number compared to the number of compromised credentials. Despite the small number of wallets compromised, this is one of the larger caches of BitCoin wallets stolen from end-users.”

This Pony, Trustwave says, went after not only Bitcoin, but a bunch of other crypto-currencies. They list Anoncoin, BBQcoin, Bytecoin, Craftcoin, Devcoin, Digitalcoin, Fastcoin, Feathercoin, Florincoin, Franko, Freicoin, GoldCoin, I0coin, Infinitecoin, Ixcoin, Junkcoin, Litecoin, Luckycoin, Mincoin, Namecoin, NovaCoin, Phoenixcoin, PPCoin, Primecoin, Quarkcoin, Tagcoin, Terracoin, Worldcoin, Yacoin and Zetacoin.

The attack ended not by being shut down by security companies, but because the attackers “closed shop” during January.

Trustwave notes that most users, it seems, don't encrypt their wallets, which seems somewhat rash to The Register. ®

Beginner's guide to SSL certificates

More from The Register

next story
Webcam hacker pervs in MASS HOME INVASION
You thought you were all alone? Nope – change your password, says ICO
You really need to do some tech support for Aunty Agnes
Free anti-virus software, expires, stops updating and p0wns the world
Meet OneRNG: a fully-open entropy generator for a paranoid age
Kiwis to seek random investors for crowd-funded randomiser
USB coding anarchy: Consider all sticks licked
Thumb drive design ruled by almighty buck
Attack reveals 81 percent of Tor users but admins call for calm
Cisco Netflow a handy tool for cheapskate attackers
Patch NOW! Microsoft slings emergency bug fix at Windows admins
Vulnerability promotes lusers to domain overlords ... oops
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.