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December’s Most Wanted Malware: Crypto-Miners Affect 55% of Businesses Worldwide

CHECK POINT SOFTWARE (CHKP)  More Company Research Source: GlobeNewswire
Last check point software earnings: 4/25 02:40 am Check Earnings Report
US:NASDAQ Investor Relations: checkpoint.com/about-us/investor-relations
PDF SAN CARLOS, Calif., Jan. 15, 2018 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ:CHKP), a leading provider of cyber-security solutions globally, has revealed a steep rise in crypto-mining malware during December 2017.  Check Point’s researchers found that crypto-miners had impacted 55% of organizations globally during December, with ten different variants in the top 100 list of malware, and two variants in the top three.  Using crypto-miners, cybercriminals hijack the victim’s CPU or GPU power and existing resources to mine cryptocurrency.   Furthermore, Check Point found that cryptocurrency miners have intentionally been injected into some top websites, mostly media streaming and file sharing services, without notifying the users. While some of this activity is legal and legitimate, the tools can be hacked to dominate more power and generate more revenue, using as much as 65% of the end-users’ CPU power. Maya Horowitz, Threat Intelligence Group Manager at Che [Read more]

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