Trend Micro released its Midyear Security Roundup 2018, revealing that cybercriminals are moving away from attention-grabbing ransomware attacks to more covert methods intended to steal money and valuable computing resources. Cryptojacking attempts are making the biggest impact so far this year. Trend Micro recorded a 96 percent increase in cryptocurrency mining detections in 1H 2018…

McAfee released its McAfee Labs Threats Report: June 2018, examining the growth and trends of new malware, ransomware, and other threats in Q1 2018. McAfee Labs saw on average five new threat samples every second, including growth in cryptojacking and other cryptocurrency mining malware, and notable campaigns demonstrating a deliberate drive to technically improve upon…

Cryptomania is dominating conversations from Silicon Valley to Wall Street. But ‘cryptocurrency’ is only one implementation of the underlying technology innovation that has the ability to transform the way future technology products are designed and built. Of course, that technology is blockchain, the decentralized digital ledger that makes Bitcoin and other cryptocurrencies possible. First, we…

McAfee released a report detailing the numerous cybersecurity risks associated with blockchain-based cryptocurrencies, and asserts the necessity of making cybersecurity a top priority as industry builds out the foundations for the widespread implementation of blockchain technologies. Demand for blockchain technology continues to grow among some of the most established industries worldwide, including the government, finance,…

Hacked Script Infects Several Government Sites with Cryptominer The websites of numerous government, health and education organizations worldwide were infected with a crypto-currency miner over the weekend, after a script running on all of them was maliciously modified. The culprit was Browsealoud, a script developed by Texthelp to add “speech, reading, and translation to websites.”…