A new type of malware called PG_MEM has been discovered that targets PostgreSQL, a popular database system that is widely used online.
According to Aqua, a cybersecurity company, takes advantage of weak passwords to install software that mines cryptocurrency, putting over 800,000 databases at risk.
PG_MEM works by trying to guess weak passwords to break into databases. Once it gains access, it creates a new user with high-level privileges. The malware then installs mining software and connects to a mining pool.
This means the infected database’s computing power is used to mine cryptocurrency, while the malware hides its presence and prevents other hackers from accessing the system.
Cryptojacking, where malware secretly uses a computer’s power to mine cryptocurrency, has become more common. Reports show that such attacks increased by 400% in the first half of 2023. This highlights the need for better security to protect against these types of threats.
To address this issue, some companies are offering solutions like Aethir’s decentralized cloud infrastructure. They use unused computing resources from data centers to provide affordable and scalable computing services, helping to reduce the risk of exploitation.
Also Read: Styx Stealer Malware Targets Cryptocurrency Users
