Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto
Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost. However, miners are now hacking Google Cloud accounts for mining purposes. In the report titled “Threat Horizons,” Google’s cybersecurity team assessed various threats to Cloud users, providing details of the breaches. Related Reading | Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record The report also provided....
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The report said the actors usually gained access to Cloud accounts because of “poor customer security practices” or “vulnerable third-party software.” In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency.On Wednesday, the Google team said out of 50 analyzed incidents that compromised the Google Cloud Protocol, 86% were related to crypto mining. The hackers used the compromised Cloud accounts to access resources from individuals’ CPUs or GPUs to mine tokens or....
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....
Bad actors using malware to steal GPU power to mine crypto will have to up their game to deal with Google Cloud's latest security protocol. It’s a shot in the arm for Google Cloud users at risk of cryptocurrency mining attacks. The Google Cybersecurity Action Team (GCAT) has created a threat detection service to shield “poorly configured” accounts that attackers use to mine cryptocurrency. In a blog post, Google Cloud announced the Virtual Machine Threat Detection (VMTD) release in its Security Command Center (SCC) area. A means of scanning compute engines in Google Cloud, the VMTD....
KeepKey loses control over its Twitter account following the hacking incident involving the email account of Darin Stanchfield. Hackers have been wreaking havoc both within and beyond the Bitcoin community. The number of hacking incidents faced by Bitcoin platforms, banks, companies and other organizations and even individuals stands proof to that. KeepKey, the Bitcoin hardware wallet company has had a taste of it after some of their email and social media accounts got compromised. On Reddit social platform, a user going by the username “dstanchfield” claiming to be “Darin from KeepKey”....
As the crypto sector keeps growing worldwide, hackers are also ramping up their efforts to scam and steal digital currencies. On Monday, January 24, Youtube accounts of some of India’s major crypto exchanges and influencers got compromised. The hack was identified when hackers uploaded videos on the Youtube channel to promote a fake coin named […]