Not much is known about the virus as of yet.
It is widely believed though, that the virus is present in all elephants, and sort of laying dormant if you wish. It's then passed on from the adult cows to calves, apparently during periods of stress within the herd.
The virus has also been known to pass from one species to the other; although there's hasn't been enough research into this yet, regarding it giving a higher mortality rate.
Although on that note, each herd does have it's specific strain of the virus, so it's quite possible that when receiving the virus from an unrelated female, this may trigger a higher mortality rate. Although, again, this is still not confirmed.