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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Bullboard Posts
Post by montecarloon Jun 17, 2020 8:55am
238 Views
Post# 31159206

News...Blackberry!!

News...Blackberry!!

BlackBerry Optics endpoint detection and response (EDR) solution automatically detects cryptojacking at the hardware level

WATERLOO, ON, June 17, 2020 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today the release of BlackBerry® Optics v2.5.1100 with cryptomining and cryptojacking detection for Intel-based commercial PCs.

BlackBerry Logo Black (PRNewsfoto/Blackberry Limited)

To detect advanced cryptojacking malware, 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. 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. According to a recently published report1, "around 10% of organizations received (and blocked) Cryptocurrency mining malware at some point throughout the course of the year."

"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," said Josh Lemos, VP, Research & Intelligence. "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."

"As hackers use more sophisticated tactics to bypass detection, it's more important than ever to have built-in hardware security features," said Stephanie Hallford, Intel Vice President of the Client Computing Group and General Manager of Business Client Platforms. "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."

For more information about BlackBerry Optics, please visit BlackBerry.com/optics.

About BlackBerry

BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500M endpoints including 150M cars on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust.

 

1 Verizon 2020 Data Breach Investigations Report

BlackBerry. Intelligent Security. Everywhere.

For more information, visit BlackBerry.com and follow @BlackBerry.

Trademarks, including but not limited to BLACKBERRY and EMBLEM Design are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

Media Contact:
BlackBerry Media Relations
(519) 597-7273
mediarelations@BlackBerry.com

Intel disclaimer: No product or component can be absolutely secure.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/blackberry-and-intel-partner-to-stop-cryptojacking-malware-301078472.html

SOURCE BlackBerry Limited


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