Cryptomining malware surges in second quarter

Cryptocurrency mining malware has seen an increase of 86 percent in the second quarter of 2018, according to a new report from McAfee Labs. After gaining ground the fourth quarter of 2017 to around 400,000 samples, new cryptomining malware samples grew a stunning 629 percent to more than 2.9 million in Q1 of 2018. This trend has continued in with more than 2.5 million new samples detected. McAfee Labs has also identified what appear to be older malware programs, such as ransomware, newly retooled with mining capabilities. In some cases, cryptomining targets specific groups rather than a broad field of… [Continue Reading]