• Latest
  • Trending
Google warns crypto miners are using compromised cloud accounts

Google warns crypto miners are using compromised cloud accounts

December 14, 2021
Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

July 29, 2025
French Telco Orange Hit by Cyber-Attack

French Telco Orange Hit by Cyber-Attack

July 29, 2025
ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023
Vice President Dr. Bawumia inaugurates  ICT Hub

Vice President Dr. Bawumia inaugurates ICT Hub

April 2, 2023
Co-Creation Hub’s edtech accelerator puts $15M towards African startups

Co-Creation Hub’s edtech accelerator puts $15M towards African startups

February 20, 2023
Data Leak Hits Thousands of NHS Workers

Data Leak Hits Thousands of NHS Workers

February 20, 2023
EU Cybersecurity Agency Warns Against Chinese APTs

EU Cybersecurity Agency Warns Against Chinese APTs

February 20, 2023
How Your Storage System Will Still Be Viable in 5 Years’ Time?

How Your Storage System Will Still Be Viable in 5 Years’ Time?

February 20, 2023
The Broken Promises From Cybersecurity Vendors

Cloud Infrastructure Used By WIP26 For Espionage Attacks on Telcos

February 20, 2023
Instagram and Facebook to get paid-for verification

Instagram and Facebook to get paid-for verification

February 20, 2023
YouTube CEO Susan Wojcicki steps down after nine years

YouTube CEO Susan Wojcicki steps down after nine years

February 20, 2023
Inaugural AfCFTA Conference on Women and Youth in Trade

Inaugural AfCFTA Conference on Women and Youth in Trade

September 6, 2022
  • Consumer Watch
  • Kids Page
  • Directory
  • Events
  • Reviews
Sunday, 17 May, 2026
  • Login
itechnewsonline.com
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion
Subscription
Advertise
No Result
View All Result
itechnewsonline.com
No Result
View All Result

Google warns crypto miners are using compromised cloud accounts

by ITECHNEWS
December 14, 2021
in Leading Stories, Tech
0 0
0
Google warns crypto miners are using compromised cloud accounts

Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned.

The search giant’s cybersecurity team provided details in a report published Wednesday. The so-called “Threat Horizons” report aims to provide intelligence that allows organizations to keep their cloud environments secure.

YOU MAY ALSO LIKE

French Telco Orange Hit by Cyber-Attack

ATC Ghana supports Girls-In-ICT Program

“Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an executive summary of the report.

Cryptocurrency mining is a for-profit activity that often requires large amounts of computing power, which Google Cloud customers can access at a cost. Google Cloud is a remote storage platform where customers can keep data and files off-site.

Google said 86% of 50 recently compromised Google Cloud accounts were used to perform cryptocurrency mining. In the majority of cases, cryptocurrency mining software was downloaded within 22 seconds of the account being compromised, Google said.

Around 10% of the compromised accounts were also used to conduct scans of other publicly available resources on the internet to identify vulnerable systems, while 8% of instances were used to attack other targets.

Google said malicious actors were able to access Google Cloud accounts by taking advantage of poor customer security practices. Almost half of the compromised accounts were attributed to actors gaining access to an internet-facing Cloud account which had either no password or a weak password. As a result, these Google Cloud accounts could be easily scanned and brute forced.

Around a quarter of the compromised accounts were due to vulnerabilities in third-party software that had been installed by the owner.

Bitcoin, the world’s most popular cryptocurrency, has been criticized for being too energy intensive. Bitcoin mining uses more energy than some entire countries. In May, police raided a suspected cannabis farm to find it was in fact an illegal bitcoin mine.

“The cloud threat landscape in 2021 was more complex than just rogue cryptocurrency miners, of course,” wrote Bob Mechler, director of the office of the chief information security officer at Google Cloud, and Seth Rosenblatt, security editor at Google Cloud, in a blog post.

They said Google researchers also exposed a phishing attack by Russian group APT28/Fancy Bear at the end of September, adding that Google blocked the attack.

Google researchers also identified a North Korean government-backed threat group which posed as Samsung recruiters to send malicious attachments to employees at several South Korean anti-malware cybersecurity companies, they added.

  • Google said 86% of 50 recently compromised Google Cloud accounts were used to perform cryptocurrency mining. 
  • Cryptocurrency mining is a for-profit activity that often requires large amounts of computing power, which Google Cloud customers can access at a cost. 
  • “Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances,” Google wrote in an executive summary of the report.

    By CNBC

ShareTweet

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Search

No Result
View All Result

Recent News

Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

July 29, 2025
French Telco Orange Hit by Cyber-Attack

French Telco Orange Hit by Cyber-Attack

July 29, 2025
ATC Ghana supports Girls-In-ICT Program

ATC Ghana supports Girls-In-ICT Program

April 25, 2023

About What We Do

itechnewsonline.com

We bring you the best Premium Tech News.

Recent News With Image

Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa

July 29, 2025
French Telco Orange Hit by Cyber-Attack

French Telco Orange Hit by Cyber-Attack

July 29, 2025

Recent News

  • Absa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa July 29, 2025
  • French Telco Orange Hit by Cyber-Attack July 29, 2025
  • ATC Ghana supports Girls-In-ICT Program April 25, 2023
  • Vice President Dr. Bawumia inaugurates ICT Hub April 2, 2023
  • Home
  • InfoSec
  • Opinion
  • Africa Tech
  • Data Storage

© Copyright 2026, All Rights Reserved | iTechNewsOnline.Com - Powered by BackUPDataSystems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Tech
  • Africa Tech
  • InfoSEC
  • Data Science
  • Data Storage
  • Business
  • Opinion

© Copyright 2026, All Rights Reserved | iTechNewsOnline.Com - Powered by BackUPDataSystems

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version