McAfee Labs: Cryptocurrency Malware Has Increase up to 86% in Q2 of 2018

McAfee Labs: Cryptocurrency Malware Has Increase up to 86% in Q2 of 2018

Cryptomining News
September 26, 2018 by Sandra Onyeiwu
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McAfee, the device-to-cloud cybersecurity company, today released its McAfee Labs Threats Report September 2018. This edition of the quarterly report compiles McAfee Labs’ investigative research on modern digital threats for Q2 2018. In the second quarter, McAfee Labs saw the surge in crypto mining malware growth that began in Q4 2017 continue through the first
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McAfee, the device-to-cloud cybersecurity company, today released its McAfee Labs Threats Report September 2018. This edition of the quarterly report compiles McAfee Labs’ investigative research on modern digital threats for Q2 2018.

In the second quarter, McAfee Labs saw the surge in crypto mining malware growth that began in Q4 2017 continue through the first half of 2018. McAfee also saw the continued adaptation of the type of malware vulnerability exploits used in the WannaCry and NotPetya outbreaks of 2017.

According to McAfee Labs report, cryptocurrency mining malware attacks increased by 86% in the second quarter of this year. While the primary target of cryptocurrency mining malware has remained personal computers, crypto jackers have increasingly turned their attention to devices such as smartphones and other gadgets possessing an internet connection.

Below are the key findings from the McAfee Labs Threat Report Septemeber 2018 include:

  • Cryptocurrency mining malware experiences an increase of 85% in Q2 2018.
  • 2.5 million new cryptocurrency mining files were added to the malware database.
  • Malware exploiting patchable vulnerabilities rose 151%.
  • Mobile malware accelerated another 27% from last quarter.
  • 52% of network attacks in Q2 were server message block attacks.
  • Gamut composed the majority of spam botnets at 86%.
  • The U.S.A. hosted the most botnet control servers at 36%.
  • New malware has fallen for the second successive quarter. New malware samples have been relatively flat over several quarters.
  • Compounding these issues, McAfee Labs found new vulnerabilities in virtual assistants, blockchain, and IoT devices.

McAfee Labs managed to detect multiple fraud billings apps, virus-infected mining apps, and harmful URLs. And also discovered a vulnerability in the Cortana voice assistant in Microsoft Windows 10. The flaw, for which Microsoft released a patch in June, could have allowed attackers to execute code from the locked screen of a fully patched Windows 10 machine (RS3 and RS4 before the June patch).

The crypto scammers have very much intensified their efforts in Q2 of 2018 to find vulnerabilities in different blockchain and crypto-related sites and files to knock them down and/or steal assets.

 

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