The lab operating under the United States Department of Energy hopes to put an end to cryptocurrency cybercrime.
Software-based watchdog
Hackers are continuously wreaking havoc globally, and the crypto mining arena hasn’t been spared. Gopinath Chennupati, a researcher at Los Alamos National Laboratory, noted that the deep learning AI model will be instrumental in detecting supercomputer hacks that usually instigate cryptocurrency mining. Speaking on behalf of his team's AI project designed to combat illegal crypto mining on the internet, Chennupati said :
“Based on recent computer break-ins in Europe and elsewhere, this type of software watchdog will soon be crucial to prevent cryptocurrency miners from hacking into high-performance computing facilities and stealing precious computing resources.”
Valid cryptocurrency miners usually assemble vast computer arrays needed to dig up digital assets. Nevertheless, crafty ones usually manipulate supercomputers by making sure that their tracks are hidden.
The new artificial intelligence algorithm is coded in such a way that it can detect crypto miners who steal computing power from research supercomputers.
AI-centered analysis
The researchers gave the system the green-light after comparing an invasive Bitcoin (BTC) mining code with a known benign code.
The AI analysis provided by the lab researchers at Los Alamos National Laboratory was more reliable and faster than conventional ones because the AI algorithm is based on graph comparisons. As a result, it cannot be fooled by common methods employed by illegal crypto miners to conceal their illicit activities on the web. These strategies include the release of obfuscated comments and variables used to disguise the codes as legitimate programming.
The system, therefore, seeks to avert the illicit cryptocurrency mining headache by identifying any foul play.
Cybercrime in a rising digital world
Cybercrime is on the rise, and alternatives such as artificial intelligence are being continuously researched during these times to regulate cybercrime.
Earlier this month, Federal authorities unraveled a huge illegal Bitcoin mining farm in Kyrgyzstan operated by government officials.
Another instance of illicit activities that are Bitcoin-driven is the illegal BTC mining activities that were uncovered by Chinese police in June. Scammers operated by digging two graves for the purpose of driving forward their illegal mining operations and were stealing electricity from a Chinese oil field company.