Crypto-Mining Malware Attacks up 29% in Q1: McAfee Report

McAfee said some of the attacks had worm capabilities, allowing it to jump from server to server.

AccessTimeIconAug 29, 2019 at 6:30 p.m. UTC
Updated Aug 18, 2021 at 12:37 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

McAfee Labs has released its August 2019 Threats Report, concluding that crypto-jacking is on the rise.

Crypto-mining malware campaigns climbed 29 percent from Q4 2018 to Q1 2019 according to the study. McAfee said the campaign was indiscriminate, with both Apple MacOS and Microsoft Windows systems seeing a rise in targeted attacks.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Windows products were typically targeted through PowerShell, and interactive command line and automation engine that delegates administrative tasks to the computer itself. By using PowerShell, vulnerabilities in servers were exploited to mine the privacy coin monero.

    McAfee said the attack had worm capabilities, allowing it to jump from server to server.

    Malware program CookieMiner was used against MacOS systems to steal private account information stored on users' computers. McAfee said account holders in crypto services Binance, Bitstamp, Bittrex, Coinbase, MyEtherWallet and Poloniex all had personal information stolen.

    A report from the BBC earlier this week highlighted a monero crypto-jacking virus which successfully hacked 850,000 servers, mostly in Latin America. French authorities shut down the main server while migrating the virus to unused parts of the internet.

    Shadows image via Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.



    Read more about