BlackBerry Partners Intel, Launches Crypto-mining and Cryptojacking Detection System for Windows 10 Computers

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Former smartphone and intelligent security software company, BlackBerry Limited has announced the release of BlackBerry® Optics v2.5.1100 with cryptomining and cryptojacking detection for Intel-based commercial PCs.

Blackberry partners Intel to launch crypto-mining and crypto-jacking software
Blackberry logo. Source - in.finance.yahoo.com

In the announcement made yesterday, blackberry stated that “the BlackBerry Optics Context Analysis Engine (CAE) leverages unique CPU telemetry from Intel® Threat Detection Technology (Intel® TDT) to provide enterprises and SMBs unparalleled detection of cryptojacking attempts.

The main purpose of the software is to detect advanced cryptojacking malware.

According to the release,

"BlackBerry has collaborated with Intel on technology that effectively stops cryptojacking."
"With virtually no processor impact and easy configuration, organizations can detect and mitigate cryptojacking with greater precision and consistent results across all types of workloads executing on Windows® 10 operating systems."

Cryptojacking is the installation of malware on a device in order to hijack computing power to mine cryptocurrency without the user's knowledge. Many cryptojacking operations will utilize small quantities of power from many different machines to create a pool of processing power.

This technique makes large corporations and businesses an ideal target for easy infection of multiple machines once access is gained.

Blackberry further quoted a recently published report called the "Verizon 2020 Data Breach Investigations Report." The report stated that "around 10% of organizations received (and blocked) Cryptocurrency mining malware at some point throughout the course of the year."

According to Josh Lemos, VP, Research & Intelligence, Blackberry LTD -

"Given the cost associated with mining cryptocurrency and the payments of ransomware demands on the decline, cryptojacking becomes an attractive option for threat actors to generate revenue."

"With our new cryptojacking detection and response capabilities, we're looking to make this practice a thing of the past, providing enterprises and their employees with a turn-key solution that will enable them to thwart cryptojacking attempts and ensure their software and hardware are used for their intended purposes. The days of exploiting unsuspecting users for free CPU time are over."
Intel Vice President of the Client Computing Group and General Manager of Business Client Platforms, Stephanie Hallford, said -

"As hackers use more sophisticated tactics to bypass detection, it's more important than ever to have built-in hardware security features."

"Building on top of the built-for-business Intel vPro® platform, enabled by Intel® Hardware Shield, BlackBerry takes advantage of hardware visibility to offer advanced security protection, and we applaud them for this release."
With the release of this crypto-mining and cryptojacking detection System for Windows 10 Computers by blackberry, we do hope that crypto-jacking will be detected and averted in the future. What are your thoughts?

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