Muhammad Saad

Muhammad Saad, David Mohaisen

Cryptojacking is the permissionless use of a target device to covertly mine cryptocurrencies. With cryptojacking, attackers use malicious JavaScript codes to force web browsers into solving proof-of-work puzzles, thus making money by exploiting the resources of the website visitors. To understand and counter such attacks, we systematically analyze the static, dynamic, and economic aspects of in-browser cryptojacking. For static analysis, we perform content, currency, and code-based categorization of cryptojacking samples to 1) measure their distribution across websites, 2) highlight their platform affinities, and 3) study their code complexities. We apply machine learning techniques to distinguish cryptojacking scripts from benign and malicious JavaScript samples with 100\% accuracy. For dynamic analysis, we analyze the effect of cryptojacking on critical system resources, such as CPU and battery usage. We also perform web browser fingerprinting to analyze the information exchange between the victim node and the dropzone cryptojacking server. We also build an analytical model to empirically evaluate the feasibility of cryptojacking as an alternative to online advertisement. Our results show a sizeable negative profit and loss gap, indicating that the model is economically infeasible. Finally, leveraging insights from our analyses, we build countermeasures for in-browser cryptojacking that improve the existing remedies.

Mihai Christodorescu, Wanyun Catherine Gu, Ranjit Kumaresan et al.

Digital payments traditionally rely on online communications with several intermediaries such as banks, payment networks, and payment processors in order to authorize and process payment transactions. While these communication networks are designed to be highly available with continuous uptime, there may be times when an end-user experiences little or no access to network connectivity. The growing interest in digital forms of payments has led central banks around the world to explore the possibility of issuing a new type of central-bank money, known as central bank digital currency (CBDC). To facilitate the secure issuance and transfer of CBDC, we envision a CBDC design under a two-tier hierarchical trust infrastructure, which is implemented using public-key cryptography with the central bank as the root certificate authority for generating digital signatures, and other financial institutions as intermediate certificate authorities. One important design feature for CBDC that can be developed under this hierarchical trust infrastructure is an offline capability to create secure point-to-point offline payments through the use of authorized hardware. An offline capability for CBDC as digital cash can create a resilient payment system for consumers and businesses to transact in any situation. We propose an offline payment system (OPS) protocol for CBDC that allows a user to make digital payments to another user while both users are temporarily offline and unable to connect to payment intermediaries (or even the Internet). OPS can be used to instantly complete a transaction involving any form of digital currency over a point-to-point channel without communicating with any payment intermediary, achieving virtually unbounded throughput and real-time transaction latency.

Muhammad Saad, Joongheon Kim, DaeHun Nyang et al.

Blockchain-based cryptocurrencies, such as Bitcoin, have seen on the rise in their popularity and value, making them a target to several forms of Denial-of-Service (DoS) attacks, and calling for a better understanding of their attack surface from both security and distributed systems standpoints. In this paper, and in the pursuit of understanding the attack surface of blockchains, we explore a new form of attack that can be carried out on the memory pools (mempools) and mainly targets blockchain-based cryptocurrencies. We study this attack on Bitcoin mempool and explore the attack effects on transactions fee paid by benign users. To counter this attack, this paper further proposes Contra-*:, a set of countermeasures utilizing fee, age, and size (thus, Contra-F, Contra-A, and Contra-S) as prioritization mechanisms. Contra-*: optimize the mempool size and help in countering the effects of DoS attacks due to spam transactions. We evaluate Contra-* by simulations and analyze their effectiveness under various attack conditions.