XMR Malware Evolved and Now Targeting Users’ Data

Monero and cybersecurity

According to Carbon Black, a cybersecurity company, the Smominru mines Monero (XMR) malware initially identified for threat perception has now evolved its working and now poses a greater threat for networks. The company has identified this evolution as a part of a general trend wherein malware is adopting the strategy to hide their malicious intent. This translates into the need to have a more professional approach towards working in the cybersecurity field and calls for a whole new approach to tackle the threat. The report in this regard was released on August 7, and according to the report, this new threat was discovered when a few professionals noticed some anonymous activity at a handful number of endpoints. On further investigation, professionals found that the malware was capturing the detailed system information and their metadata and sending all this information to the hijacking servers.

Broader Implications

Stating the broader implication of this evolved nature of the malware, professionals, and researchers in the cybersecurity sphere are sensing that a sea change is required in the working of professionals. This evolving situation is going to catalyze a new trend among cyber security professionals who now need to look for other methods to overcome this emerging threat perception. Coinciding with this development, another cybersecurity organization Zscaler ThreatLabZ has recently found a new type of Trojan which is attacking users of digital coins. It was first in February 2018 when Cointelegraph came up with the identification of Smominru although according to estimates, the malware has been attacking and infecting computer systems since May 2017.

Trevor Holman: Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.