BlackBerry and Intel partner to stop cryptojacking malware

▤ Summary

With virtually no processor impact and easy configuration, organisations can detect and mitigate cryptojacking with greater precision and consistent results across all types of workloads executing on Windows 10 operating systems. Cryptojacking is the installation of malware on a device in order to hijack computing power to mine cryptocurrency without the user’s knowledge. This technique makes large corporations and businesses an ideal target for easy infection of multiple machines once access is gained. According to a recently published report, “around 10% of organisations received (and blocked) Cryptocurrency mining malware at some point throughout the course of the year.” “Given the cost associated with mining cryptocurrency and the payments of ransomware demands on the decline, cryptojacking becomes an attractive option for threat actors to generate revenue,” said Josh Lemos, VP, Research & Intelligence. The days of exploiting unsuspecting users for free CPU time are over.” “As hackers use more sophisticated tactics to bypass detection, it’s more important than ever to have built-in hardware security features,” said Stephanie Hallford, Intel Vice President of the Client Computing Group and General Manager of Business Client Platforms.

▦ Linked Companies

BlackBerry Limited

$500M to $1B

Intel

$1B+