Intel and Microsoft introduce a new shield system against Cryptojacking called Microsoft Defender for Endpoint and Intel TDT so let’s read more about it in our latest crypto news today.
The tech giant Microsoft integrated the Intel Threat Detection Technology in its Defender for Endpoint product which will likely increase detection ability and enhance protection against crypto jacking malware. In the past few years, the main cryptocurrency along with many other altcoins appreciated in value which caused a huge uptick in interest for crypto mining as well. The process involved validating data blocks and adding transaction records for the public ledger known as the blockchain.
However, this caught the attention of some bad actors and cybercriminals so by setting up the coin miners on the electronic devices of victims, the hackers are able to mine digital assets without their knowledge. Some cases of illicit activities skyrocketed lately and as a recent Avira report showed, there was an increase of 53% in coin miner attacks in Q4 compared to Q3 in 2020. To fight these threats, Intel and Microsoft partnered together to integrate the threat detection technology which is an innovative technology established on telemetry signals that are coming straight from the PMU.
As coin producers issue duplicated mathematical operations, the new development will generate a new warning sign when a certain verge is attained. The tech corporation reported that that the product doesn’t require further investments, installations, and IT configuration. Michael Norquist, Senior Director of Strategic Planning at Intel, said that the new innovation that will be highly effective and useful for all customers:
”The scale of this CPU-based threat detection rollout across customer systems is unmatched and helps close gaps in corporate defenses.”
As mentioned above, hackers are able to mine cryptos using other people’s devices in what is called a crypto-jacking process. They maximize their gains by avoiding paying the high electric bills which are profiting from the lucrative crypto assets. As per a Kasperky report from last year, cryptojacking attempts surged by 300% in Q1 of 2020 with the paper outlining nations in the Southeast Asia region as the most affected countries. Singapore for example has seen 11,700 cryptojacking attacks for the first three months of the year.
On the other side, we have Mexico which also reported crypto-jacking assaults on a rising level with local organizations complaining that their networks are exposed to external hazards.
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