Crypto Mining Malware up Over 4,000% in 2018, Says McAfee Report

Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18.

Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The McAfee statistic of over 4000 percent specifically refers to total instances of a cryptojacking malware, referred to in the study as “coin miner.”

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