McAfee Labs Warns Over New Russian Monero Cryptojacking Malware ‘WebCobra’
A further player has entered the crypto malware arena in the form of Monero miner WebCobra, a McAfee Labs analysis shows.
Displaying the more “classic” behavior of so-called “cryptojacker” malware, WebCobra runs almost without a trace, McAfee Labs says, the only noticeable difference for the end user being reduced hardware performance.
“Coin mining malware is difficult to detect. Once a machine is compromised, a malicious app runs silently in the background with just one sign: performance degradation,” researchers write, adding:
“As the malware increases power consumption, the machine slows down, leaving the owner with a headache and an unwelcome bill.”
As Cointelegraph previously reported, instances of such malware have shot up almost 500 percent in 2018, leading commentators to warn of an epidemic. Monero, as a cryptocurrency focused on privacy and anonymity, was reported as forming the preferred target for miners.
You may be interested
Crypto and Forex Scam Reports Tripled in the UK Last Year, Watchdog Saysbtcethereumadmin - May 21, 2019
Reports of cryptocurrency and foreign exchange scams in the U.K. grew threefold in the last financial year – spiking to…
NYSE Arca Seeks Rule Change to List ETF Backed by Bitcoin and T-Billsbtcethereumadmin - May 21, 2019
NYSE Arca has formally applied to the Securities and Exchange Commission (SEC) for a rule change that would allow it…
Bitcoin Price Analysis: Strong Selling With Weekly Level Getting Testedbtcethereumadmin - May 21, 2019
Summary: The market is seeing a current rejection of the weekly level outlined in 2018’s bull market. The zone between…