Cyber-security solutions provider Check Point Software has said that the threat from cryptocurrency mining malware is rapidly growing. According to the company's latest Global Threat Impact Index report, the CoinHive variant became the sixth most-used malware in October. CoinHive – a JavaScript program that lurks unseen on websites – works by tapping the processing power of visitors' computers to mine monero.
Maya Horowitz, threat intelligence group manager at Check Point, said in a press release that the emergence of mining malware like CoinHive highlights the "need for advanced threat prevention technologies" to curb such practices and protect networks from cyber-criminals.
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