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February 12, 2018

The Rise of Cryptocurrency Attacks & Cyber Defense Solutions

Darktrace can detect cryptocurrency-related attacks with machine learning. Identify nefarious use of resources and protect against Coinhive drive-by mining.
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Max Heinemeyer
Global Field CISO
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12
Feb 2018

Prelude

The last 12 months have shown tremendous volatility in the value of cryptocurrencies, of which Bitcoin is the most prominent example. At the start of 2017, Bitcoin lingered around the $2,000 mark before suddenly taking off, climbing to historic highs of close to $20,000 in December 2017. Demand has since subsided, and at the time of writing, the price of Bitcoin is near to $10,772.

While Bitcoin is the most popular cryptocurrency, numerous alternatives, often called ‘altcoins’ have emerged and grown in value in the last 12 months. For example, Dogecoin, originally created to be a spoof cryptocurrency after a widespread internet meme, reached a notable market capitalization milestone of $2bn in January 2018.

Nowadays it is almost impossible to profitably mine Bitcoin on commodity hardware such as laptops, smartphones or desktop computers. At this late state, it just takes too long to perform the relevant calculations, and the cost of electricity is higher than the anticipated revenue in most cases. Other altcoins such as Monero use different algorithms, making them viable alternatives for aspiring crypto miners. It is often still feasible to mine altcoins on commodity hardware and see a return on investment.

The value of most altcoins is closely tied to the value of Bitcoin and, in many cases, the relationship is broadly proportional – a rise in Bitcoin prompting a similar lift in the altcoins. Monero, which has been rapidly adopted by Darknet markets, has profited from this effect. While Monero was valued at around $10 in January 2017, its price has been pumped up to $419 a year later.

There is much that is still not clear about the cryptocurrency phenomenon. Debate as to its relative value and its status as a currency rages, and will not be resolved any time soon. However, from a cyber security perspective there can be no doubt that the combination of altcoins being mineable on commodity hardware, the fact that mining is now becoming profitable as a side-effect of Bitcoin’s rise, and a maturity in cryptocurrency-related tech has led to a surge in cryptocurrency-related attacks.

Attack vectors

Darktrace has observed an abrupt increase of cryptocurrency-related attacks over the last 12 months. Both the frequency and the diversity of these attacks has grown significantly and largely mirrors the remarkable rise in the value of Bitcoin over that period.

Previously, cyber-criminals monetized their operations via banking Trojans/credit card fraud, selling stolen data and ransomware on the Darknet. However, criminals are notoriously adaptable and will follow the money wherever it leads, leading to an increase in cryptojacking’s popularity.

Cryptocurrency mining might not be as profitable as ransomware is upfront, but it can be secretly pursued for months without creating the havoc that characterizes ransomware attacks. Most users and security products might not notice a cryptocurrency miner being installed on a corporate device as it does not show obvious threats or messages to a user, except for an occasional increase in CPU or RAM usage.

Identifying these attacks can be very difficult for traditional security tools as they were not originally designed to catch this type of threat. Nor was Darktrace, but its approach – which relies on its evolving understanding of patterns of behavior – means that it can detect such attacks without having to know what to look for in advance.

Darktrace has detected a number of different attack vectors related to cryptocurrency attacks.

  1. Nefarious use of corporate resources
    Darktrace has detected a range of incidents where employees were intentionally installing cryptocurrency mining software on their corporate devices to mine for personal gain. These employees do not have to pay for the electricity used to run the corporate device in the office – they are basically turning their employer’s electricity into cash by commandeering it for mining operations.

    This is commonly seen as a compliance breach and increases the attack surface of a device that has mining software installed. It puts the corporate device at risk and also increases operational costs as the power consumption usually goes up for mining devices. The most popular cryptocurrency choices for this kind of mining in the last 12 months were Etherium and Monero – altcoins that can profitably be mined without the need for inordinate electricity.
  2. Coinhive drive-by mining
    Coinhive is a technology that allows website owners to use their visitors’ computing power to mine a tiny fraction of cryptocurrency for the website owner. Visitors will experience a small increase in computer resource consumption while browsing the website. Some websites experiment with this model to create new forms of revenue streams alternative to advertisement and banner placements.

    Coinhive usage is often not an opt-in process. Darktrace has observed various customer devices that regularly visit websites leveraging Coinhive technology. While the power consumption increase for a device browsing a website with Coinhive is ultimately negligible, the cumulative effect of a sizeable portion of the workforce unwittingly browsing websites using Coinhive results in increased power consumption cost for the organization as a whole.
  3. Malicious insider
    A malicious insider compromised his employer’s website to put a Coinhive script on there. This then mined Monero for every visitor on the employer’s website for the malicious insider’s personal gain.
  4. Traditional malware
    Cyber criminals are constantly looking to improve the return on investment of their operations. Reports suggest that criminals are starting to adjust their monetization methods based on the financial means of their targets. Suppose you can’t pay the fee extorted in a ransomware attack? They’ll just install a crypto miner on your device instead to ensure that the attack is not completely fruitless.

    As malware authors become more sophisticated, they often deploy multi-staged malware that can swap weaponized payloads. Once malware has infected a system successfully, its authors can often decide what actions to take next. Encrypt the device and extort a ransom? Install a banking Trojan to harvest credit card details? Install more spyware modules to look for data exfiltration? Or, now, install a cryptocurrency miner.

    These pieces of malware operate stealthily and often go undetected for several weeks. An infection might start with a phishing email that contains a macro-enabled document. As soon as a user enabled the macro, the malware will download a file-less stager that lives in memory and cannot be detected by traditional antivirus. Command and control communication is usually maintained via IP addresses that change on a daily basis in order to outrun threat intelligence and blacklisting attempts. As no obvious damage is done straight away, these attacks often stay under the radar for prolonged times, so long as self-learning technology such as Darktrace is not employed.

    This becomes much more concerning as malware authors could swap one payload for another overnight if they deem it more profitable, switching from a furtive crypto mining Trojan to ransomware the next day. While we have not observed this kind of attack in the wild yet, it is plausible, and in cyberspace what can be done, will be done.

Conclusions

Revolutionary technologies like cryptocurrencies have both their dark and light aspects. For all of the creative energy released by the crypto-blockchain revolution, Bitcoin and its alternatives have quickly become the universal currency of the criminal underworld. Indeed, the former Chief Economist of the World Bank, Joseph Stiglitz – an adamant critic of cryptocurrencies – has said that the whole value of Bitcoin resides in its “potential for circumvention” and “lack of oversight”.

While Stiglitz’s case may be overstated, there can be no question that cyber criminals have sensed a new opportunity to make money. A lot of organizations still regard crypto mining as a compliance incident. This can lead to grave consequences as a cryptocurrency mining device might lead to more severe incidents that can have a serious effect on business operations.

This kind of threat is difficult to detect as no obvious damage is done. However, with Darktrace’s machine learning we can correlate even the weakest indicators of such an attack into a compelling picture of threat. While traditional tools may struggle to see these deviations, Darktrace can pinpoint the changes in behavior effected by cryptocurrency miners without having to rely on any blacklists or signatures.

Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Max Heinemeyer
Global Field CISO

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January 14, 2026

React2Shell Reflections: Cloud Insights, Finance Sector Impacts, and How Threat Actors Moved So Quickly

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Introduction

Last month’s disclosure of CVE 2025-55812, known as React2Shell, provided a reminder of how quickly modern threat actors can operationalize newly disclosed vulnerabilities, particularly in cloud-hosted environments.

The vulnerability was discovered on December 3, 2025, with a patch made available on the same day. Within 30 hours of the patch, a publicly available proof-of-concept emerged that could be used to exploit any vulnerable server. This short timeline meant many systems remained unpatched when attackers began actively exploiting the vulnerability.  

Darktrace researchers rapidly deployed a new honeypot to monitor exploitation of CVE 2025-55812 in the wild.

Within two minutes of deployment, Darktrace observed opportunistic attackers exploiting this unauthenticated remote code execution flaw in React Server Components, leveraging a single crafted request to gain control of exposed Next.js servers. Exploitation quickly progressed from reconnaissance to scripted payload delivery, HTTP beaconing, and cryptomining, underscoring how automation and pre‑positioned infrastructure by threat actors now compress the window between disclosure and active exploitation to mere hours.

For cloud‑native organizations, particularly those in the financial sector, where Darktrace observed the greatest impact, React2Shell highlights the growing disconnect between patch availability and attacker timelines, increasing the likelihood that even short delays in remediation can result in real‑world compromise.

Cloud insights

In contrast to traditional enterprise networks built around layered controls, cloud architectures are often intentionally internet-accessible by default. When vulnerabilities emerge in common application frameworks such as React and Next.js, attackers face minimal friction.  No phishing campaign, no credential theft, and no lateral movement are required; only an exposed service and exploitable condition.

The activity Darktrace observed during the React2shell intrusions reflects techniques that are familiar yet highly effective in cloud-based attacks. Attackers quickly pivot from an exposed internet-facing application to abusing the underlying cloud infrastructure, using automated exploitation to deploy secondary payloads at scale and ultimately act on their objectives, whether monetizing access through cryptomining or to burying themselves deeper in the environment for sustained persistence.

Cloud Case Study

In one incident, opportunistic attackers rapidly exploited an internet-facing Azure virtual machine (VM) running a Next.js application, abusing the React/next.js vulnerability to gain remote command execution within hours of the service becoming exposed. The compromise resulted in the staged deployment of a Go-based remote access trojan (RAT), followed by a series of cryptomining payloads such as XMrig.

Initial Access

Initial access appears to have originated from abused virtual private network (VPN) infrastructure, with the source IP (146.70.192[.]180) later identified as being associated with Surfshark

The IP address above is associated with VPN abuse leveraged for initial exploitation via Surfshark infrastructure.
Figure 1: The IP address above is associated with VPN abuse leveraged for initial exploitation via Surfshark infrastructure.

The use of commercial VPN exit nodes reflects a wider trend of opportunistic attackers leveraging low‑cost infrastructure to gain rapid, anonymous access.

Parent process telemetry later confirmed execution originated from the Next.js server, strongly indicating application-layer compromise rather than SSH brute force, misused credentials, or management-plane abuse.

Payload execution

Shortly after successful exploitation, Darktrace identified a suspicious file and subsequent execution. One of the first payloads retrieved was a binary masquerading as “vim”, a naming convention commonly used to evade casual inspection in Linux environments. This directly ties the payload execution to the compromised Next.js application process, reinforcing the hypothesis of exploit-driven access.

Command-and-Control (C2)

Network flow logs revealed outbound connections back to the same external IP involved in the inbound activity. From a defensive perspective, this pattern is significant as web servers typically receive inbound requests, and any persistent outbound callbacks — especially to the same IP — indicate likely post-exploitation control. In this case, a C2 detection model alert was raised approximately 90 minutes after the first indicators, reflecting the time required for sufficient behavioral evidence to confirm beaconing rather than benign application traffic.

Cryptominers deployment and re-exploitation

Following successful command execution within the compromised Next.js workload, the attackers rapidly transitioned to monetization by deploying cryptomining payloads. Microsoft Defender observed a shell command designed to fetch and execute a binary named “x” via either curl or wget, ensuring successful delivery regardless of which tooling was availability on the Azure VM.

The binary was written to /home/wasiluser/dashboard/x and subsequently executed, with open-source intelligence (OSINT) enrichment strongly suggesting it was a cryptominer consistent with XMRig‑style tooling. Later the same day, additional activity revealed the host downloading a static XMRig binary directly from GitHub and placing it in a hidden cache directory (/home/wasiluser/.cache/.sys/).

The use of trusted infrastructure and legitimate open‑source tooling indicates an opportunistic approach focused on reliability and speed. The repeated deployment of cryptominers strongly suggests re‑exploitation of the same vulnerable web application rather than reliance on traditional persistence mechanisms. This behavior is characteristic of cloud‑focused attacks, where publicly exposed workloads can be repeatedly compromised at scale more easily.

Financial sector spotlight

During the mass exploitation of React2Shell, Darktrace observed targeting by likely North Korean affiliated actors focused on financial organizations in the United Kingdom, Sweden, Spain, Portugal, Nigeria, Kenya, Qatar, and Chile.

The targeting of the financial sector is not unexpected, but the emergence of new Democratic People’s Republic of Korea (DPRK) tooling, including a Beavertail variant and EtherRat, a previously undocumented Linux implant, highlights the need for updated rules and signatures for organizations that rely on them.

EtherRAT uses Ethereum smart contracts for C2 resolution, polling every 500 milliseconds and employing five persistence mechanisms. It downloads its own Node.js runtime from nodejs[.]org and queries nine Ethereum RPC endpoints in parallel, selecting the majority response to determine its C2 URL. EtherRAT also overlaps with the Contagious Interview campaign, which has targeted blockchain developers since early 2025.

Read more finance‑sector insights in Darktrace’s white paper, The State of Cyber Security in the Finance Sector.

Threat actor behavior and speed

Darktrace’s honeypot was exploited just two minutes after coming online, demonstrating how automated scanning, pre-positioned infrastructure and staging, and C2 infrastructure traced back to “bulletproof” hosting reflects a mature, well‑resourced operational chain.

For financial organizations, particularly those operating cloud‑native platforms, digital asset services, or internet‑facing APIs, this activity demonstrates how rapidly geopolitical threat actors can weaponize newly disclosed vulnerabilities, turning short patching delays into strategic opportunities for long‑term access and financial gain. This underscores the need for a behavioral-anomaly-led security posture.

Credit to Nathaniel Jones (VP, Security & AI Strategy, Field CISO)

Edited by Ryan Traill (Analyst Content Lead)

Appendices

Indicators of Compromise (IoCs)

146.70.192[.]180 – IP Address – Endpoint Associated with Surfshark

References

https://www.darktrace.com/resources/the-state-of-cybersecurity-in-the-finance-sector

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About the author
Nathaniel Jones
VP, Security & AI Strategy, Field CISO

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January 13, 2026

Runtime Is Where Cloud Security Really Counts: The Importance of Detection, Forensics and Real-Time Architecture Awareness

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Introduction: Shifting focus from prevention to runtime

Cloud security has spent the last decade focused on prevention; tightening configurations, scanning for vulnerabilities, and enforcing best practices through Cloud Native Application Protection Platforms (CNAPP). These capabilities remain essential, but they are not where cloud attacks happen.

Attacks happen at runtime: the dynamic, ephemeral, constantly changing execution layer where applications run, permissions are granted, identities act, and workloads communicate. This is also the layer where defenders traditionally have the least visibility and the least time to respond.

Today’s threat landscape demands a fundamental shift. Reducing cloud risk now requires moving beyond static posture and CNAPP only approaches and embracing realtime behavioral detection across workloads and identities, paired with the ability to automatically preserve forensic evidence. Defenders need a continuous, real-time understanding of what “normal” looks like in their cloud environments, and AI capable of processing massive data streams to surface deviations that signal emerging attacker behavior.

Runtime: The layer where attacks happen

Runtime is the cloud in motion — containers starting and stopping, serverless functions being called, IAM roles being assumed, workloads auto scaling, and data flowing across hundreds of services. It’s also where attackers:

  • Weaponize stolen credentials
  • Escalate privileges
  • Pivot programmatically
  • Deploy malicious compute
  • Manipulate or exfiltrate data

The challenge is complex: runtime evidence is ephemeral. Containers vanish; critical process data disappears in seconds. By the time a human analyst begins investigating, the detail required to understand and respond to the alert, often is already gone. This volatility makes runtime the hardest layer to monitor, and the most important one to secure.

What Darktrace / CLOUD Brings to Runtime Defence

Darktrace / CLOUD is purpose-built for the cloud execution layer. It unifies the capabilities required to detect, contain, and understand attacks as they unfold, not hours or days later. Four elements define its value:

1. Behavioral, real-time detection

The platform learns normal activity across cloud services, identities, workloads, and data flows, then surfaces anomalies that signify real attacker behavior, even when no signature exists.

2. Automated forensic level artifact collection

The moment Darktrace detects a threat, it can automatically capture volatile forensic evidence; disk state, memory, logs, and process context, including from ephemeral resources. This preserves the truth of what happened before workloads terminate and evidence disappears.

3. AI-led investigation

Cyber AI Analyst assembles cloud behaviors into a coherent incident story, correlating identity activity, network flows, and Cloud workload behavior. Analysts no longer need to pivot across dashboards or reconstruct timelines manually.

4. Live architectural awareness

Darktrace continuously maps your cloud environment as it operates; including services, identities, connectivity, and data pathways. This real-time visibility makes anomalies clearer and investigations dramatically faster.

Together, these capabilities form a runtime-first security model.

Why CNAPP alone isn’t enough

CNAPP platforms excel at pre deployment checks all the way down to developer workstations, identifying misconfigurations, concerning permission combinations, vulnerable images, and risky infrastructure choices. But CNAPP’s breadth is also its limitation. CNAPP is about posture. Runtime defense is about behavior.

CNAPP tells you what could go wrong; runtime detection highlights what is going wrong right now.

It cannot preserve ephemeral evidence, correlate active behaviors across domains, or contain unfolding attacks with the precision and speed required during a real incident. Prevention remains essential, but prevention alone cannot stop an attacker who is already operating inside your cloud environment.

Real-world AWS Scenario: Why Runtime Monitoring Wins

A recent incident detected by Darktrace / CLOUD highlights how cloud compromises unfold, and why runtime visibility is non-negotiable. Each step below reflects detections that occur only when monitoring behavior in real time.

1. External Credential Use

Detection: Unusual external source for credential use: An attacker logs into a cloud account from a never-before-seen location, the earliest sign of account takeover.

2. AWS CLI Pivot

Detection: Unusual CLI activity: The attacker switches to programmatic access, issuing commands from a suspicious host to gain automation and stealth.

3. Credential Manipulation

Detection: Rare password reset: They reset or assign new passwords to establish persistence and bypass existing security controls.

4. Cloud Reconnaissance

Detection: Burst of resource discovery: The attacker enumerates buckets, roles, and services to map high value assets and plan next steps.

5. Privilege Escalation

Detection: Anomalous IAM update: Unauthorized policy updates or role changes grant the attacker elevated access or a backdoor.

6. Malicious Compute Deployment

Detection: Unusual EC2/Lambda/ECS creation: The attacker deploys compute resources for mining, lateral movement, or staging further tools.

7. Data Access or Tampering

Detection: Unusual S3 modifications: They alter S3 permissions or objects, often a prelude to data exfiltration or corruption.

Only some of these actions would appear in a posture scan, crucially after the fact.
Every one of these runtime detections is visible only through real-time behavioral monitoring while the attack is in progress.

The future of cloud security Is runtime-first

Cloud defense can no longer revolve solely around prevention. Modern attacks unfold in runtime, across a fast-changing mesh of workloads, services, and — critically — identities. To reduce risk, organizations must be able to detect, understand, and contain malicious activity as it happens, before ephemeral evidence disappears and before attacker's pivot across identity layers.

Darktrace / CLOUD delivers this shift by turning runtime, the most volatile and consequential layer in the cloud, into a fully defensible control point through unified visibility across behavior, workloads, and identities. It does this by providing:

  • Real-time behavior detection across workloads and identity activity
  • Autonomous response actions for rapid containment
  • Automated forensic level artifact preservation the moment events occur
  • AI-driven investigation that separates weak signals from true attacker patterns
  • Live cloud environment insight to understand context and impact instantly

Cloud security must evolve from securing what might go wrong to continuously understanding what is happening; in runtime, across identities, and at the speed attackers operate. Unifying runtime and identity visibility is how defenders regain the advantage.

[related-resource]

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About the author
Adam Stevens
Senior Director of Product, Cloud | Darktrace
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