What is Cryptojacking? Types & Real World Examples

Learn about cryptojacking, its types, how it works, detection techniques, and effective protection strategies, including SentinelOne's robust solutions.
By SentinelOne January 15, 2025

In recent years, Cryptojacking has turned out to be one of the most serious cybersecurity threats. Cryptojacking is a cyber attack that steals computing resources to mine cryptocurrency without authorization. Unregulated mining grounds can be a massive financial burden for the financial sector, reporting massive losses, and organizations enter a heavier operational cost area as damaged hardware and increased energy consumption are noted.

In this blog, we will discuss what cryptojacking is and what are some cryptojacking attack techniques, detection mechanisms, and defense strategies. We will also discuss how attackers spread mining malware using a range of attack vectors, including the most common indicators of compromise, and outline the best ways to protect against such threats.

What is Cryptojacking?

Cryptojacking is when computing devices are hijacked to mine cryptocurrency. In this process, attackers insert malware to make the targeted device solve complicated math calculations needed for cryptocurrency mining. Mining refers to the process through which cryptocurrency transactions are verified and recorded on the blockchain.

Mining uses a lot of computational power. Cryptojackers hijack a system and use its CPU and GPU for mining. They usually focus on cryptocurrencies that still have profitable returns with the use of regular computer hardware, such as Monero ( as its mining algorithm is friendly for CPUs).

Why is Cryptojacking so dangerous?

Cryptojacking can be very serious for organizations as it can run for a long time at scale without detection and cause massive harm. It directly affects the performance of the system as it uses CPU resources for mining. This use can degrade hardware, particularly in systems that are running 24/7 at or near capacity.

This threat is larger than just impacting single devices. Cryptojacking malware is usually embedded with worm-like characteristics so that it spreads throughout networks. The malware then looks for other vulnerable systems within the network and builds a network of mining nodes. Such behavior expands the attack surface and complicates the process of removal.

Impact of Cryptojacking

Cryptojacking has a non-linear financial impact. Multiple systems running at maximum capacity lead to a spike in electricity costs for organizations. Continuous wear out leads to hardware replacement costs. This can result in weak performance but also a significant time loss in deploying these services and increased potential for outages. Business impacts also include the following:

  • Regulatory compliance breach due to running unauthorized code
  • Risk of exposure to legal liability for unauthorized mining activities

And the environmental footprint is also notable. When these attackers are targeting data centers or cloud infrastructure, the resulting cryptojacking operations become large-scale, significantly driving energy consumption and carbon emissions.

Common Symptoms of Cryptojacking

System administrators can spot cryptojacking using a few of the usual suspects. Even in an idle state, when no user apps are running, the high CPU usage persists. Unknown processes using a lot of resources are visible in the Task Manager or a system monitoring tool.

This sort of pattern is usually revealed through network monitoring. The infected systems have ongoing outbound connections to the mining pool or the command and control servers (C2). These links typically use targeted methods that are relevant to mining protocols that security teams need to identify.

Affected hardware shows physical symptoms. The systems run hot, and the cooling fans are running at full speed. If the device runs on battery, it has a much shorter battery life. In extreme cases, this causes the systems to crash or go down to thermal protection.

Cryptojacking via the browser has certain indicators. Even with only a few tabs opened, Web browsers are maxing out CPU resources. The performance degradation continues until the respective browser tabs are closed.

Types of Cryptojacking Attacks

While cryptojacking has gained a lot of attention in the last few years, the attack type is far from monolithic in nature, using varied methodologies to infiltrate systems and mine cryptocurrency. These types of attacks differ in the way they are deployed, the way they persist, and the level of impact.

1. Browser Based Cryptojacking

Browser-based Cryptojacking implies that mining code has been implemented within web browsers, possibly as a result of hackers taking control of websites. JavaScript miners automatically start when users visit infected sites and do not download files to the system; thus, the user is not alerted.

2. Binary Based Cryptojacking

In binary attack-driven attacks, the attackers deliver malicious executable files to the target systems. These miners operate as an independent process that is (typically) disguised as a legitimate system service. They remain through system reboots and are often more efficient than browser-based ones as they are able to access the hardware directly.

3. Supply Chain Cryptojacking

Supply chain cryptojacking hijacks authentic software distribution channels to deliver mining malware instead. An attacker adds mining code to software packages, updates, or dependencies. The mining components automatically deploy along with a digital signature whenever users install or update affected software.

4. Fileless Cryptojacking

Fileless cryptojacking uses the whole process in the system memory instead of writing to the disk. In these attacks, PowerShell scripts or other native Windows tools are used to download and execute mining code. Detection becomes more difficult due to the absence of disk artifacts.

5. Cloud Infrastructure Cryptojacking

Attacks are on cloud infrastructure targeting misconfigured cloud resources and containers. In cloud instances, miner deployment is performed through either the attack surface presented by exposed management interfaces or through improperly configured weak credentials. Such attacks can quickly balloon in size by provisioning additional cloud resources using otherwise legitimate account credentials that have been compromised.

How do Cryptojacking Attacks Work?

In Cryptojacking, attackers use various technical steps to carry out an action to be able to deploy mining code and remain persistent. Though each technique has different attack vectors and different ways of exploitation, all have essentially similar approaches, which is avoiding detection by maximizing mining performance.

Browser-Based Injection Techniques

The first step in browser-based cryptojacking is to compromise legitimate websites. In domain crawler attacks, hackers embed mining JavaScript code within web pages via vulnerable plugins, outdated content management systems, or compromised third-party libraries. When this code is executed inside a visitor’s browser, it connects to mining pools with WebSocket connections and starts mining. These scripts are often built with throttling layers to make them less visible and employ domain verification to avoid code duplication.

Binary-Based Attacks

Binary attacks start with initial system compromise via phishing, exploits, or malicious downloads. It drops mining executables and supporting files in several system folders. Those consist of information concerning mining swimming pool setups, purse addresses, and CPU usage. Persistence is achieved by adding registry keys, scheduling tasks, or installing a service.

Supply Chain Compromise Methods

This type of attack is to target software build systems, update servers, or package repositories. The mining components are added to the source code, or build scripts, by the attacker. These packages keep their pre-infected purpose and instead run mining in the background. Attackers have repeatedly used legitimately acquired code-signing certificates from reputable vendors to evade detection or security controls. The mining code runs after the normal installation sequence.

Fileless Malware Approaches

Fileless cryptojacking executes mining code directly in memory, using system tools like PowerShell or Windows Management Instrumentation (WMI). Such compromises typically happen via malicious scripts or macros and these scripts download command server-encrypted mining configurations and decode them in memory. The attack establishes persistence via WMI event subscriptions or registry run keys that reload the mining code after the device reboots.

Common Cryptojacking Detection Techniques

Monitoring various system components and analyzing a variety of technical indicators is required for the detection of cryptojacking attacks. To truly identify mining activities in its infrastructure, the organizations require a layered approach.

1. System Performance Indicators

It all starts with monitoring CPU and GPU usage to investigate the presence of cryptojacking. Tools like monitoring the processor activity level and if it detects sustained high usage outside the bounds of normal activity would typically trigger an alert. Temperature sensors provide information regarding strange temperature behaviors. Application monitoring shows resource-intensive applications running from inappropriate locations.

2. Network Traffic Analysis

The second type of detection, network-based detection, pays more attention to the communications over the mining pool. Connections to known mining pool domains and overseas IP addresses have been revealed through deep packet inspection. If traffic-analysis tools see consistent data patterns that match mining protocols, it shows something wrong is going on. It detects SSL/TLS encrypted connections to mining services.

3. Memory Forensics Approaches

Memory analysis tools take a snapshot of memory to analyze what is happening in the code with the signatures. They are used to detect miner process injection techniques. Memory scanners identify cryptocurrency wallet addresses and mining pool URLs within process memory. By analyzing the runtime, it can find certain code patterns that start matching the known mining algorithms.

4. PowerShell Activity Monitoring

PowerShell monitoring means monitoring fileless mining detection. Security tools log and analyze PowerShell command executions. Cryptocurrency mining commands and configuration in script block logging. Module logging logs the usage of PowerShell modules on mining. Transcription logging captures complete session details for forensic analysis of PowerShell sessions.

5. Browser Behavior Analysis

Browser monitoring tools automatically monitor whether a browser is doing mining using JavaScript or not. Extension analyzers detect mining codes in browser extensions. Monitors are placed on web pages to watch for the execution of JavaScript to mine for coins. WebSocket connections to mining services are picked up by network request analyzers.

Best Practices for Protection against Cryptojacking

Preventing cryptojacking systems requires a combination of security controls in place and various operational procedures. These practices build layers of defense that can prevent an initial compromise and mining attempts.

1. Browser Security Configuration

It begins with configuring some security settings within the browser to prevent JavaScript from executing certain functions. Security teams see this and use script-blocking extensions that block all active mining code from executing. Mining domains are blocked with Content Security Policies. WebAssembly execution can be disabled in untrusted contexts via browser policies. Browser updates regularly fix vulnerabilities that allow the injection of mining code.

2. Network Monitoring Implementation

To defend the network, organizations must deploy monitoring tools at relevant points of their infrastructure. Signatures are used by Intrusion Detection Systems to recognize mining pool traffic. Mining malware that moves laterally instead is blocked by network segmentation. DNS filtering prevents connections from the target to domains identified as mining pools. Unusual traffic patterns from hijacked systems are detected by bandwidth monitoring.

3. Endpoint Protection Setup

Endpoint security tools help ensure protection against mining malware. Application whitelisting helps to block unauthorized miners from running. If a mining process is detected, the process will either be terminated or dropped, and it will be unable to perform any malicious piggybacking on its own. Resource utilization alerts identify system activity that appears suspicious. Unauthorized changes to a system are tracked by file integrity monitoring. Memory protection hinders code-injection methods that miners employ.

4. Security Awareness Requirements

Cryptojacking threats should be covered in security awareness programs to educate users. Training includes spotting strange behavior in the system. Employees should be trained on how to safely download and execute the software from the internet. The incident reporting process enables organizations to respond swiftly to suspected infections.

5. Patch Management Strategies

Patch management strategies protect systems from known vulnerabilities getting exploited. Security teams should have scheduled updates available for all systems. This can ensure that organizations get coverage on time using automated patch deployment. Identifying unpatched systems and vulnerability scanning patch status across the entire infrastructure is tracked by configuration management.

How SentinelOne Protects Against Cryptojacking

SentinelOne’s solution, via layers of protection and proactive response capabilities, protects against cryptojacking. The platform integrates sophisticated detection techniques and proactive responses to stop mining activities.

Behavioral AI Detection Capabilities

The AI engine of SentinelOne monitors systems for patterns of usage identifying mining. The behavioral engine tracks CPU usage patterns, a process’s parent-child relationship, and system calls to detect mining activities. Machine learning models then analyze these patterns in real time to find out all the currently known and new mining variants. The AI system detects mining code that has dropped through a trusted app using a mapping of process trees.

Autonomous Response Features

On detection of mining activity, SentinelOne automatically responds with actions. The platform disables unsanctioned mining activities on the impacted endpoints. Miners cannot restart or create persistence due to autonomous response rules. It preserves forensic information regarding the execution of the mining operation and prevents it from executing.

Process Monitoring and Control

Deep process monitoring allows tracking application behavior throughout the system. The tool logs process creation, file changes, and registry updates associated with mining activities.

Network Isolation Mechanisms

Network isolation mechanisms include network controls that ensure no communication can take place with the mining infrastructure. It stops connections to known mining pools and command servers. Network isolation is automated to contain infection for lateral prevention of spread. Packet inspection identifies mining protocol patterns in traffic. The system prevents unauthorized outgoing connections from infected endpoints.

Rollback and Remediation Options

With cryptojacking detection, SentinelOne provides total system remediation. The rollback function rewinds the impacted system files to their state before the infection. All the artifacts and persistence mechanisms related to mining get cleaned automatically. System restoration repairs changes to the registry and planned tasks created by miners. The platform also creates security analysis stats with detailed incident reports.

Conclusion

Cryptojacking is a continuous cybersecurity threat that keeps evolving in complexity and scale. Aside from depleting computing resources, such attacks also incur heavy financial losses due to increased operational costs, hardware damage, and fines for any violations of regulations that are likely to occur. It is a challenge for organizations to detect and stop miners as they are now employing evasion techniques that are becoming more sophisticated each day.

Companies are prepared to match solution paths with costs for fast detection and response with their cloud security posture, offering protection against cryptojacking. Knowing these attack vectors, browser-based injections, fileless malware, etc, allows the organization to deploy the right defenses. A solid defense strategy against cryptojacking will consist of system monitoring, network analysis, and employee awareness.

The SentinelOne platform solves this problem with behavior-based AI, autonomous response, and deep monitoring. By being able to detect, prevent, and remediate cryptojacking attacks in the moment, the platform allows organizations to keep their operations running smoothly while also ensuring their infrastructure is secured against unauthorized mining processes.

FAQs

1. What is a Cryptojacking Attack?

Cryptojacking is an attack in which attackers silently use the computing power of their targets to mine cryptocurrency. This attack delivers mining code in one of three ways: a browser script, malicious executable, or fileless malware to mine cryptocurrency without your permission.

2. What is the Impact of Cryptojacking Attacks?

Cryptojacking effects include higher electricity bills, potential damage to hardware from overuse, and decreased speed in system performance. Organizations also experience productivity loss, risk of not complying with various regulations, and incurring additional costs for security against detectors and remediation.

3. How does Cryptojacking affect Cryptocurrency Markets?

Cryptojacking operations boost the overall rate of mining power on cryptocurrency networks without the use of genuine investment capital, impacting cryptocurrency markets. Such unauthorized mining also affects the difficulty rates of cryptocurrency mining and may affect the market dynamics of CPU-mineable cryptocurrencies.

4. How to Remove Cryptojacking Malware?

The process of cryptojacking malware removal involves locating and killing running mining processes, deleting malicious files, and eliminating persistence mechanisms. Using security solutions to scan systems, clean out infections, and check via investigation that they have been removed.

5. How to Detect Cryptojacking?

A lot of detection can be done by monitoring for CPU usage, monitoring outgoing network connections to mining pools, and scanning for code signatures of miner malware. Security tools such as SentinelOne are able to detect suspicious processes, abnormal network traffic, and unauthorized resource usage.

6. What are the Legal Implications of Cryptojacking?

The main crime associated with cryptojacking is violating the computer access laws, which leads to criminal charges. Organizations that are unwittingly executing cryptojacking code may violate regulatory compliance, as well as find themselves legally liable for conducting unauthorized operations in mining.

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