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iTWire - AMTSO elects new board


iTWire
AMTSO elects new board
AMTSO is the anti-malware testing standards organisation.
Simon Edwards, CEO of security testing company SE Labs and a longtime AMTSO board member, is the board s new co-chairman, sharing the position with Luis Corrons, security evangelist at security and privacy vendor Avast.
AMTSO says its board has a 50:50 share of tester and vendor members, to assure balanced contributions from both sides, to develop objective standards and best practices for anti-malware testing and assessment of other cybersecurity products.
Ivanyuk represents the vendor side, and brings strategic product management and PR and marketing experience to AMTSO.
Testing representative David Ellis has extensive experience in developing testing and validation metrics,. ....

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Microsoft and Intel collaborate to better detect cryptocurrency mining malware


Microsoft and Intel collaborate to better detect cryptocurrency mining malware
Cryptocurrencies usually have links with cases of financial fraud. This is one of the reasons why many governments are not comfortable with digital currencies. In addition, since the advent of cryptocurrencies, different malware for cheating crops up every day. Recently, Microsoft announced the integration of Intel Threat Detection Technology (TDT) into Microsoft Defender for Endpoint. The company says this will enhance its detection capabilities and prevent cryptocurrency mining malware.
CoinMiner alert from Microsoft Defender for Endpoint.
According to reports, the integrated solution of Microsoft Defender for Endpoint and Intel TDT natively supports Intel’s sixth-generation and above Core and vPro platforms. ....

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Cryptojacking malware increases as Bitcoin hits new highs


Cryptojacking malware increases as Bitcoin hits new highs
Researchers from Avira Protection Labs have recorded a 53 percent increase in coinminer malware attacks in Q4 2020 compared to the previous quarter.
With the Bitcoin price reaching a new all-time high earlier this month, this points to a connection between the rapid price rise and increased coinminer malware activity as criminals seek to cash in.
The rapid increase in coinminer malware suggests that malware authors are taking advantage of the price trend in recent months and increasingly spreading malware that aims to exploit other people s computer resources for illegal mining activities. This correlation is not surprising but is nevertheless worrying for legitimate miners and investors, says Alexander Vukcevic, director of Avira Protection Labs. ....

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#COVID19 Led to Surge in Malware Attacks Last Year - Infosecurity Magazine


#COVID19 Led to Surge in Malware Attacks Last Year
The cybersecurity firm detected that cyber-attacks went up by 15% last year compared to 2019, observing that the rate of scams rose and fell at the same rate and time as the virus appeared across the world. The peak rate of blocked attempts was in April, during the first wave of the pandemic.
As COVID-19 cases rose again in the final quarter of 2020, malware attacks correspondingly went up rapidly, with a correlation found between the number of attacks launched and the number of people working from home.
One major tactic utilized has been the development of special variants of well-known malware families that use COVID-19 lures to entice unsuspecting users to install them on their devices. An example highlighted in the study was a variant of the Android banking Trojan ‘Cereberus,’ which in many cases was distributed via phishing messages under the name ‘Corona-App.apk.’ The tota ....

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