Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18.
Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge. The McAfee statistic of over 4000 percent specifically refers to total instances of a cryptojacking malware, referred to in the study as “coin miner.”