2018-6-29 16:27 |
Cryptojacking malware activity rose a staggering 629 percent in the first quarter of 2018, according to a new report published by cyber security firm McAfee Labs June 27.
Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.
The McAfee Labs Threats Report for June detected over 2.9 million known samples of coin miner malware in Q1 2018 – a 629 percent rise from around 400,000 samples the previous quarter.
As per the report: “This suggests that cybercriminals are warming to the prospect of monetizing infections of user systems without prompting victims to make payments, as is the case with popular ransomware schemes.
In Japan, police recently arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking.
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