A report emanated from cybersecurity company Symantec Corporation on Friday, February 15th about the discovery of eight Windows Apps on Microsoft Store that focuses on mining Monero (XMR), a cryptocurrency focused on privacy, without the permission or knowledge of its users.
Symantec Corporation is the principal authority where cybersecurity is concerned all around the globe. The company affords governments, people and organizations top-notch security for their most significant data wherever it is located. A lot of enterprises across the globe depend on Symantec for integrated cyber defence against attack across cloud, endpoints and infrastructure.
Over 50 million individuals and families depend on Symantec for the protection of their devices, identities, personal information and home networks.
Symantec Exposes the Cryptojacking Culprits
On the 17th day of January, Symantec brought to the notice of Microsoft “several potentially unwanted applications (PUAs)” that it discovered on Microsoft Store, which Microsoft got rid of, according to the company. The eight apps appeared to be from three developers namely, Findoo, DigiDream and 1clean, but after Symantec conducted further investigations, the company has concluded that “all these apps were likely developed by the same person or group.”
Symantec, in a blog post, described the way the apps operate:
Illegal Crypto Mining a Major Cyber Threat
According to the report disclosed by Bloomberg on Dec 14, 2018, concerning the research conducted by Kaspersky Labs, a Russian cybersecurity company, “hijacking computers to illegally mine cryptocurrencies has overtaken ransomware as the biggest cyber threat in the Middle East, Turkey and Africa.”