Cybercriminals use hacked cloud accounts to mine cryptocurrencies

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86% of hacked Google Cloud accounts were used for cryptocurrency mining

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Google has released the Cybersecurity Team's Threat Horizons report. It reports that hackers often use hacked Google Cloud accounts to mine cryptocurrency.

“It was noticed that the attackers were mining cryptocurrency in compromised Cloud instances,” the Google report says.

The number of hacked accounts involved in mining is huge - 86%. It is alleged that special software is uploaded by hackers to the cloud within 22 seconds after the account was hacked.

About 10% were used to find other accounts that could be hacked. The rest are for organizing attacks on other accounts.
 
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