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Cryptocurrency mining malware attacks up 29% in first quarter

McAfee Labs has published its August Threat Report of 2019, concluding that cryptojacking is on the rise. According to the study, cryptocurrency mining malware campaigns rose 29% of the fourth quarter of 2018 to the first quarter of 2019. McAfee said that the campaign was indiscriminate with Apple MacOS and Microsoft Windows systems, seeing an increase in targeted attacks.

Windows products were generally directed through PowerShell, the interactive command line and the automation engine that delegates administrative tasks to the computer itself. When using PowerShell, vulnerabilities were exploited on servers to undermine the monero cryptocurrency.

McAfee said the attack had worm capabilities, allowing it to jump from one server to another.

The CookieMiner malware program was used against MacOS systems to steal information from private accounts stored on users' computers. McAfee said account holders at Binance, Bitstamp, Bittrex, Coinbase, MyEtherWallet and Poloniex exchange offices were stolen personal information.

A BBC report earlier this week highlighted a cryptojacking monero virus that successfully hacked 850. 000 servers, mainly in Latin America. The French authorities closed the main server while migrating cryptocurrency mining malware to unused parts of the Internet.

Translated version of article by William Foxley, published in Forbes.

Author: CryptoNews – Source Post: http://ceesty.com/w3425r

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