Cryptocurrency Mining Malware Detections Up Almost 500 Percent in 2018: Report

guest · Sep 19, 2018

Cryptocurrency Mining Malware Detections Up Almost 500 Percent in 2018: Report
September 19, 2018
https://cointelegraph.com/news/cryp...tections-up-almost-500-percent-in-2018-report

Leaked code targeting Microsoft Systems which hackers allegedly stole from the U.S. National Security Agency (NSA) sparked a fivefold increase in cryptocurrency mining malware infections, Bloomberg reports Wednesday, September 19, citing a new cryptojacking report.

“Combined threat intelligence from CTA members show that this rapid growth shows no signs of slowing down, even with recent decreases in cryptocurrency value,” the company writes in a preface to its most recent report, stating:

“Because this threat is relatively new, many people do not understand it, its potential significance, or what to do about it.”

Cointelegraph has often reported on the emergence of crypto mining malware infecting user devices such as PCs and smartphones. Rather than Bitcoin (BTC) or Ethereum (ETH), it is privacy-focused altcoins such as Monero which are hackers’ preferred target, the report notes.
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CTA Cryptomining Paper - Key Findings (PDF): https://www.cyberthreatalliance.org/wp-content/uploads/2018/09/CTA-Illicit-CryptoMining-Key-Findings.pdf

guest · Sep 25, 2018

Cryptomining Malware Continues Rapid Growth: Report
September 25, 2018
https://www.darkreading.com/threat-...-continues-rapid-growth-report/d/d-id/1332890

After new cryptomining malware samples grew 629% to more than 2.9 million samples in the first quarter of 2018, their growth continued; in the second quartter total samples grew by 86% with more than 2.5 million new samples.

The news about cryptomining malware is at the center of the McAfee Labs Threats Report: September 2018, released today.

In addition to the cryptominers, both ransomware and mobile malware continue to grow, with new ransomware samples increasing 57% in the last year. This represents a slower growth rate than that previously seen, but is remains significant growth. Mobile malware grew 27% in the second quarter, with South America seeing the highest rate of new variants.

For more, read here
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McAfee Labs Threats Report: September 2018 (PDF): https://www.mcafee.com/enterprise/en-us/assets/reports/rp-quarterly-threats-sep-2018.pdf

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