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 retooled with mining capabilities.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook