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McAfee: Cryptocurrency Mining Malware Grew 86% in Q2 2018

In Q2, the total number of ransomware samples increased 57 per cent over the past four quarters, the report said

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Logo of McAfee
Logo of McAfee. Flickr

Continuing its rise from the the fourth quarter of last year, cryptocurrency mining malware grew 86 per cent in the second quarter of this year, according to a new report from the global cybersecurity firm McAfee Labs.

Although less common than ransomware, cryptomining malware has quickly emerged as a factor on the threat landscape, the report said on Tuesday, adding that while cryptomining malware primarily targets PCs, other devices also have become victims.

“A few years ago, we wouldn’t think of Internet routers, video-recording devices and other Internet of Things devices as platforms for cryptomining because their CPU speeds were too insufficient to support such productivity,” said Christiaan Beek, Lead Scientist and Senior Principal Engineer with McAfee Labs Advanced Threat Research team.

The research also showed the continued adaptation of the type of malware vulnerability exploits used in the WannaCry and NotPetya outbreaks of 2017.

McAfee saw the exploits from these two high-profile threats repurposed within new malware strains, and newly discovered vulnerability exploits similarly adapted to produce entirely new threats.

New malware samples specifically designed to exploit software vulnerabilities increased by 151 per cent in the second quarter of 2018, the findings of the”McAfee Labs Threats Report” showed.

McAfee
Cryptomining malware surged 86% in Q2 2018: McAfee. IANS

“WannaCry and NotPetya provided cybercriminals compelling examples of how malware could use vulnerability exploits to gain a foothold on systems and then quickly propagate across networks,” Beek said.

McAfee said its mobile research team found a new billing-fraud campaign of at least 15 apps on Google Play.

The new campaign demonstrates that cybercriminals keep finding new ways to steal money from victims using apps on official stores such as Google Play, the report said.

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The McAfee team also identified top security threats to users and implementers of Blockchain technologies.

The researchers’ analysis found that phishing, malware and implementation vulnerabilities are the primary attack vectors.

In Q2, the total number of ransomware samples increased 57 per cent over the past four quarters, the report said. (IANS)

Next Story

Microsoft Uncovers a New Malware That is Infecting Thousands of Computers

Researchers at Microsoft have uncovered a new malware campaign that is infecting thousands of computers across the world

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Microsoft, Malware, computers
The attack begins when a user downloads and runs an HTML application (HTA) file named Player1566444384.hta. Pixabay

Researchers at Microsoft have uncovered a new malware campaign that is infecting thousands of computers across the world.

After infecting a PC, the malware, dubbed Nodersok, can turn them into proxies for launching other cyber attacks.

“The majority of targets are consumers, but about 3 per cent of encounters are observed in organisations in sectors like education, professional services, healthcare, finance, and retail,” Microsoft Defender Advanced Threat Protection (ATP) Research team said.

“The campaign is particularly interesting not only because it employs advanced fileless techniques, but also because it relies on an elusive network infrastructure that causes the attack to fly under the radar,” the researchers wrote.

The attack begins when a user downloads and runs an HTML application (HTA) file named Player1566444384.hta.

The digits in the file name differ in every attack.

Microsoft, Malware, computers
After infecting a PC, the malware, dubbed Nodersok, can turn them into proxies for launching other cyber attacks. PIxabay

Analysis of Microsoft Defender ATP telemetry pointed to compromised advertisements as the most likely infection vector for delivering the HTA files.

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Executing those files kickstart a process that opens up Powershell scripts, Excel and JavaScript to end up downloading and installing the Nodersok malware, The Inquirer reported. (IANS)

One response to “Microsoft Uncovers a New Malware That is Infecting Thousands of Computers”

  1. Well have they taken care of the malware with the most recent updates. The story isn’t complete without saying if there is a solution to the problem.