Cryptominers Target Cloud Infrastructure

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Learn about the costs of cloud cryptomining attacks.

Cloud security company Sysdig recently found that TeamTNT, a notorious cryptojacking group, mined over $8,100 worth of cryptocurrency from hijacked cloud infrastructure at a cost to their victims of more than $430,000, reports Steven J. Vaughan-Nichols.

And, he says, “according to the Google Cybersecurity Action Team (GCAT) September 2022 Threat Horizons Report, a staggering 65% of cloud accounts compromised suffered cryptocurrency mining. A single attack can inflict unauthorized compute costs of hundreds of thousands of dollars within mere days.”

Read about mitigation tools and techniques at Open Watch.

 
 

 
 

09/06/2023
attack , cloud , cybersecurity , Security

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