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Microsoft, Intel Team Up to Clamp Down on Cryptominers | Cybersecurity

As cryptocurrency values continue to rise, cryptojacking becomes more attractive to cybercriminals. Now, a powerful hardware-based threat detection technology is being integrated into a Microsoft enterprise security product to help protect businesses from cryptojacking malware. The action integrates Intel Threat Detection Technology with Microsoft Defender for Endpoint. ....

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Consumer Password Hassles Linked to Lost Revenue | Computing


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By John P. Mello Jr.
Mar 31, 2021 4:00 AM PT
Online businesses are losing potential customers and substantial amounts of revenue because they re dependent on traditional password systems and outdated customer authentication models, says a report released Tuesday by an access and identity management company.
Lost customers and revenues are caused by password sharing and friction created at websites by onerous authentication procedures, according to the report by Transmit Security derived from a survey of 600 U.S-based consumers 18 to 54 years old.
The survey found that half of the responding consumers admitted sharing a password to at least one of their accounts; and 41 percent acknowledged they share their passwords often. ....

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Silver Sparrow Malware Hatched on 30,000 Macs | Computing


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By John P. Mello Jr.
Feb 23, 2021 4:00 AM PT
Nearly 30,000 Macs in 153 countries have been infected with a new malware strain that security researchers are calling Silver Sparrow.
Discovered by researchers at Red Canary, the malware has been sitting on it hosts waiting for a payload that never arrived.
Though we haven t observed Silver Sparrow delivering additional malicious payloads yet, its forward-looking M1 chip compatibility, global reach, relatively high infection rate, and operational maturity suggest Silver Sparrow is a reasonably serious threat, uniquely positioned to deliver a potentially impactful payload at a moment s notice, Red Canary Intelligence Analyst Tony Lambert wrote in a company blog Thursday. ....

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