Intelligent CIO Europe Issue 08 | Page 27

//////////////////////////////////////////////////////////////////////////////////// TRENDING REPORT: MALICIOUS CRYPTOCURRENCY MINERS GAINING MOMENTUM Recent Internet Security Report discovers malicious cryptomining malware is becoming heavily utilised among hackers and small to medium sized businesses are being targeted. We hear from Corey Nachreiner, Chief Technology Officer at WatchGuard Technologies, who offers advice on how organisations should take the right steps to secure against threats. W atchGuard Technologies, a leader in advanced network security solutions, has published its latest Internet Security Report. Threat intelligence from Q1 2018 revealed that 98.8% of seemingly common Linux/ Downloader malware variants were actually designed to deliver a popular Linux-based cryptocurrency miner. This is just one of several signs that malicious cryptomining malware is becoming a top tactic among cybercriminals. www.intelligentcio.com The complete report details delivery mechanisms for these cryptominer attacks and explores other prevalent security threats targeting small to mid-size businesses (SMBs) and distributed enterprises today. “Our Threat Lab team has uncovered multiple indicators that suggest malicious cryptominers are becoming a mainstay in cybercriminals’ arsenals and will continue to grow more dominant in Q2,” said Corey Nachreiner, Chief Technology Officer at WatchGuard Technologies. “ NEW CRYPTOMINER ATTACKS ILLUSTRATE THAT BAD ACTORS ARE CONSTANTLY ADJUSTING THEIR TACTICS TO FIND NEW WAYS TO TAKE ADVANTAGE OF THEIR VICTIMS. INTELLIGENTCIO 27