BlackBerry works with Intel to start the cryptojacking detection system

The software company and former smartphone manufacturer, BlackBerry has partnered with Intel to launch a cryptocurrency mining and cryptojacking detection system for Intel-based commercial computers.

According to the announcement, BlackBerry has released BlackBerry Optics v2.5.1100, which is based on the BlackBerry Optics Context Analysis Engine (CAE) to take advantage of Intel Threat Detection Technology’s CPU telemetry and provide companies with advanced malware software. The main goal of this software is to detect cryptojacking attempts.

Works on Windows 10

Since there is practically no impact on the processor, Businesses could use the software to mitigate and detect such threats with “greater precision and consistent results”. The software works on all types of workloads running on Windows 10.

BlackBerry works with Intel to start the cryptojacking detection system
BlackBerry works with Intel to start the cryptojacking detection system

BlackBerry cites a study previously published by Cointelegraph called “Verizon 2020 Data Breach Investigation Report”. This report shows that around 10% of companies received (and blocked) cryptocurrency mining malware over the course of the year.

Cryptojacking as a growing threat

Josh Lemos, vice president of research and intelligence at BlackBerry Cylance, said: Given the costs associated with cryptocurrency mining and declining payments for ransomware litigation, cryptojacking is becoming an “attractive option” for threat actors to generate revenue:

“”With our new cryptojacking detection and response capabilities, we want to make this practice a thing of the past and provide businesses and their employees with a critical solution to frustrate cryptojacking attempts and ensure that their software and hardware are planned to be used for this purpose“”

In addition, Stephanie Hallford, Intel Vice President of the Client Computing Group and General Manager for commercial client platforms, said:

“BlackBerry builds on the Intel vPro business platform, which is supported by Intel Hardware Shield, and uses hardware transparency to provide enhanced security protection. We welcome them for this release.”

Cointelegraph reported on June 6 data from the Russian cyber security company Kaspersky. These data suggest that the frequency of attempted cryptojacking attacks increased significantly in Singapore in the first quarter of 2020.

On April 6, cybersecurity researchers identified a persistent and ambitious campaign that targets a thousands of Docker servers daily with a Bitcoin (BTC) miner.

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