Malware Threats Targeting Cryptocurrency: A Comparative Study

Mohammad Alauthman, Ahmad Al-Qerem, Mouhammd Alkasassbeh, Nauman Aslam, Amjad Aldweesh

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

As cryptocurrencies have grown in prevalence and value, associated malware threats have rapidly emerged, exploiting vulnerabilities in wallets, markets, and decentralization mechanisms. This paper provides a comparative review of dominant cryptocurrency malware categories, including ransomware, crypto-jacking, supply chain hijacking, malicious browser extensions, phishing kits, and miner botnets. Analysis of behaviors, targets, propagation tactics, motivations, and detection challenges reveal commonalities and differences across threat types. Examination of recent literature enables comprehensive characterization of the cryptocurrency malware ecosystem to derive insights into evolution trajectories and systemic issues. Ransomware, crypto-jacking, and coordinated botnets represent prevalent threats highlighted, with malware innovation incentivized by pseudonymous payments, irreversible transactions, and criminal usage of mineable privacy-focused coins. Software supply chain attacks and phishing kits showcase propagation risks. Comparative assessment enables identifying research priorities like transaction tracing, behavioral monitoring, and predictive indicators to strengthen adaptive defenses against cryptocurrency-targeting threats. As cryptocurrency permeates society, proactive ecosystem perspectives will grow crucial in responding to malware creativity.
Original languageEnglish
Title of host publication2024 2nd International Conference on Cyber Resilience (ICCR)
PublisherIEEE
Pages1-8
Number of pages8
ISBN (Electronic)9798350394962
ISBN (Print)9798350394979
DOIs
Publication statusPublished - 28 Feb 2024
Event2024 2nd International Conference on Cyber Resilience (ICCR) - Dubai, United Arab Emirates
Duration: 26 Feb 202428 Feb 2024

Conference

Conference2024 2nd International Conference on Cyber Resilience (ICCR)
Abbreviated title2024 2nd ICCR
Country/TerritoryUnited Arab Emirates
CityDubai
Period26/02/2428/02/24

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