New Monero Mining Malware Infects Over 1,000 Corporate Systems

[Paglamon]

A new Monero mining malware has reportedly infected over 1,000 corporate systems since December 2019, according to cloud security firm Red Canary. The XMR mining malware, dubbed Blue Mockingbird, has attacked vulnerable servers to install the XMRRig application in them.

It then uses their resources to mine the privacy-centric cryptocurrency. Most of the affected systems reportedly belong to large firms, although Red Canary did not name any. The XMRRig application has, according to Cointelegraph, been used numerous times last year to mine the cryptocurrency on infected systems.

It’s a new type of Monero mining malware that has been used after the cryptojacking trend died out. The trend ended after popular software being used to cryptojack had to shut down over an upgrade to the cryptocurrency.
Source: https://cointelegraph.com/news/1000-corporate-systems-infected-with-monero-mining-malware