Online Thief Steals Amazon Account to Mine Litecoins in the Cloud
Why bother installing CPU-mining malware on thousands of machines, when you can just break into someone's Amazon cloud computing account and create a well-managed datacentre instead? This week, a software developer discovered someone had done just that, and made off with a pile of litecoins on his dime. Melbourne-based programmer Luke Chadwick got a nasty shock after receiving an email from Amazon. The firm told him that his Amazon Key (a security credential used to log on to Amazon Web services) had been found on one of his Github repositories. Github repositories. Github is an online....
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Some criminals are downright stupid. Yet others find clever and interesting ways to get what they want. Case in point: developer Luke Chadwick received an email from Amazon Cloud services noting that his Amazn Key (an authentication token) was found floating around Github - and that's when he logged into his account and viewed his usage. Lo and behold, Chadwick was presented with some, shall we say, shock-inducing statistics. Someone had broken into Chadwick's cloud computing account and used a whopping 1,427 instance hours on the EC2 platform. Doing what, exactly? While Chadwick had hoped....
Editor’s note: This article has been updated to fix a typo. The original text stated that there was a rise in errors for Amazon S2 requests. The corrected text states that it was Amazon S3. This morning, Amazon Web Services (AWS) underwent a major cloud outage, causing both its Elastic Compute Cloud and Simple Storage Service solutions to receive many request errors in the United States. AWS is a cloud computing solutions provider ran by Amazon, a company most known for its large online retail network.
E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS). Amazon's cloud is by far the biggest remote computing service on the market. Market research firm Gartner estimates AWS annual revenue at upwards of $3bn, and it believes Amazon's cloud has five times the capacity of its next 14 rivals. The news follow's Amazon's public statements that suggest is not presently interested in accepting digital currencies, despite such suggestions from rivals like....
Coinbase officials have suggested that they need to become the "Amazon Web Services of cryptocurrencies" as soon as possible. With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it's no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud infrastructure solution, Coinbase Cloud."We want to be the AWS of crypto," said Coinbase chief product officer Surojit Chatterjee in an exclusive interview with Forbes. "We are building this whole Coinbase Cloud....
Google has warned users about the use of its Google Cloud platform by malicious actors to mine cryptocurrencies. In its latest Cloud Threat Intelligence report titled “Threat Horizons,” which provides users with security insights, the company informed that 86% of the compromised instances on Google Cloud platforms were being used to mine cryptocurrencies. Most of the accounts compromised were secured with weak passwords or with no password at all.
Google Cloud Used to Mine Cryptocurrencies
Software giant Google is alerting users about malicious actors using....