Study: hackers use hacked Google Cloud accounts for mining – Bits Media

According to Threat Horizon research, Recently, most of the hacked accounts on the Google Cloud cloud platform are used for cryptocurrency mining.

The report notes, that hacking of accounts on cloud platforms mainly occurs due to user negligence. So, 48% hacked accounts were accessible on the Internet and either did not have a password set, or he was weak.

Respectively, hackers scanned the network and easily gained access to the cloud platform. Besides, in 26% cases, hackers took advantage of vulnerabilities in third-party software, installed by users.

"From 50 recently hacked Google Cloud accounts 86% used to mine cryptocurrencies. Hackers used available computing power for mining. Usually we are talking about CPU and GPU, but sometimes cryptocurrency was also mined using accessible storage facilities.”, - says the report.

At the end of September, Atlas VPN analysts reported, that in the first half of the year 2021 year, programs for hidden mining topped the malware rating and were identified on 74 490 devices.