As cryptomining activity grows, so do the malware threats: McAfee Labs

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SINGAPORE (Sept 26): Cryptomining malware is a rising factor on the cyber threat landscape, continuing its uptrend throughout the first half of 2018 since McAfee Labs first identified a surge in cryptomining malware growth in 4Q17.

Based on the cybersecurity company’s latest report, McAfee Labs Threats Report: September 2018, new cryptomining malware samples grew 629% to more than 2.9 million samples in 1Q18 from 400,000 in 4Q17.

More recently, this trend has shown to continue in 2Q as total samples grew by 86% with more than 2.5 million new samples, including what appears to be older malware such as ransomware which has been newly... (Click here to read the full story)