BlackBerry and Intel to stop cryptojacking malware

The cryptomarket is actively developing. It means that like any other market, it has pressing issues to address. One of them is the transparency of the operations. In the digital space, illegal miners can easily stay in the shadow as it is almost impossible to track them down. Therefore, BlackBerry, a provider of solutions in the area of cybersecurity, and Intel have teamed up to tackle this issue.

Leading IT companies have agreed to collaborate on technology for detecting advanced cryptojacking malware.

Currently, BlackBerry uses unique CPU telemetry to identify potential threats. According to representatives of both companies, this software is easy to configure and it has almost no processor impact. This hardware can detect cryptojacking with greater precision across all types of workloads executing on Windows 10.

Analysts point out that about 10% of organizations have faced the problem of cryptocurrency mining malware since the beginning 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," Josh Lemos, VP, Research & Intelligence said. Therefore, the time is ripe to create an effective way to solve this problem. BlackBerry and Intel hope to put an end to cryptojacking attempts. "With our new cryptojacking detection and response capabilities, we’re looking to make this practice a thing of the past, providing enterprises and their employees with a turn-key solution that will enable them to thwart cryptojacking attempts. The days of exploiting unsuspecting users for free CPU time are over," Intel representatives said.