MQL5 has a malware on its name now

by Michael Greenberg
  • I guess it's another sign of one's popularity. Kaspersky, one of world's leading antivirus software developers, has recently discovered a malware that tries to exploit the recently launched MQL5 Cloud Network. Since that network's purpose is to help test EA's for a fee, crooks thought it would be financially rewarding for them to try to manipulate it in their favor.
MQL5 has a malware on its name now
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I guess it's another sign of one's popularity. Kaspersky, one of world's leading antivirus software developers, has recently discovered a malware that tries to exploit the recently launched MQL5 Cloud Network. Since that network's purpose is to help test EA's for a fee, crooks thought it would be financially rewarding for them to try to manipulate it in their favor.

Kaspersky already identified this malware and christened it Trojan-Downloader.Win32.MQL5Miner.a. What this malware does once infecting the computer through download or email is identify whether the operating system is 32-bit or 64-bit and then downloads the relevant version of Metatrader 5 Strategy Tester Agent. The malware then launches the software and participates in the testing operations trying to earn fees as if it actually tests EA's. The malware then tries to transfer the fraudulently accumulated fee to crooks' bank account.

Needless to say this doesn't affect MT4 or MT5 in any way as they are not Cloud based but just the MT5 Strategy Tester.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

I guess it's another sign of one's popularity. Kaspersky, one of world's leading antivirus software developers, has recently discovered a malware that tries to exploit the recently launched MQL5 Cloud Network. Since that network's purpose is to help test EA's for a fee, crooks thought it would be financially rewarding for them to try to manipulate it in their favor.

Kaspersky already identified this malware and christened it Trojan-Downloader.Win32.MQL5Miner.a. What this malware does once infecting the computer through download or email is identify whether the operating system is 32-bit or 64-bit and then downloads the relevant version of Metatrader 5 Strategy Tester Agent. The malware then launches the software and participates in the testing operations trying to earn fees as if it actually tests EA's. The malware then tries to transfer the fraudulently accumulated fee to crooks' bank account.

Needless to say this doesn't affect MT4 or MT5 in any way as they are not Cloud based but just the MT5 Strategy Tester.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
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