McAfee Report: 'Futile' Mining Botnets Are Going Mainstream
Security firm McAfee has issued its latest quarterly threat report, focusing on a wide range of emerging technology security risks, including mobile malware disseminated by Flappy Bird clones and dangerous rootkits. The June 2014 edition of theMcAfee Labs Threats Report is the first time McAfee has taken an in-depth look at cryptocurrency mining botnets. McAfee reports seeing numerous botnets with various levels of mining functionality, but goes on to say that, even if the cost of power and hardware is taken out of the equation, mining major cryptocurrencies on infected PCs simply isn't a....
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In the past two weeks several key companies in the bitcoin mining space have released updates regarding their latest ASIC developments. These announcements are no doubt welcome news to customers eagerly awaiting the next upgrades to their mines. Academic interest in mining is also growing. New studies have come out dissecting various parts of the ecosystem, including an environmental report by researcher Hass McCook and one by security firm McAfee regarding the threat of mining botnets. Indeed, these signs raise a key question: will industrial mining be the next big thing for bitcoin....
The eccentric 75-year-old cybersecurity tycoon John McAfee’s death has spurred a lot of controversy and speculation since he passed. Now McAfee’s widow Janice McAfee is speaking out and she doesn’t believe the mainstream media’s reports of her husband’s suicide. Moreover, reports now say that McAfee was carrying a suicide note in his pocket when he was found dead in a Spanish jail cell. John McAfee’s Wife Is Not Buying the Mainstream Media’s Tales, Unknown Source Allegedly Finds Note On June 23, reports from Spain declared that John McAfee was....
Hackers may have started employing a clever tactic in an effort to enlist powerful PCs into cryptocurrency mining botnets. According to GameCrastinate, a game torrent is installing bitcoin mining malware on the computers of thousands of unsuspecting users. The torrent in question is Watch Dogs, an upcoming AAA title from Ubisoft, which is scheduled to officially launch tomorrow, 27th May. However, the reports have been questioned by some gamers who claim that they downloaded the same torrent - with no bitcoin mining malware in tow. Of course, this does not mean that the torrent is safe, as....
Just before the antivirus tycoon John McAfee was found dead in Spain, he told the public from prison that U.S. federal authorities seized all of his assets and he had “nothing.” Now a biographer who is writing a McAfee-based biography has corroborated McAfee’s story. The author Mark Eglinton says that McAfee was also unable to pay for the requested biography. McAfee Wasn’t Able to Pay for Requested Biography Expenses In 1987, John McAfee wrote the first commercial-grade antivirus software and by 1994 he sold his stake in the company and resigned. By 2007, reports....
John McAfee, a software developer, and entrepreneur was indicted with fraud, tax evasion, and money laundering conspiracy. According to the indictment filed by the US Attorney’s Office of the Southern District of New York, McAfee and other accomplices allegedly obtained over $10 million with illicit activities related to cryptocurrencies. McAfee was accused of using his […]