- Russian speakers were identified as the perpetrators of cybercrime.
- Google advises its cloud users to use two-factor authentication.
Hackers are utilizing stolen cloud accounts to mine bitcoin. Google’s cybersecurity action team identified the mining attack in a report. Moreover, they advised how to combat threats to its cloud service — a set of remote computing capabilities that may include off-site storage of customers’ data and files.
The team highlighted other concerns in its inaugural “threat horizon” assessment, including Russian state hackers masquerading as Samsung employment recruiters and the use of strong encryption in ransomware assaults.
According to Google’s investigation, a North Korean-backed cyber outfit posed as recruiters at Samsung. And sent fraudulent job offers to workers of South Korean information security firms. Furthermore, victims were then directed to a rogue Google Drive link, which has now been disabled.
Mining is the process of regulating and verifying blockchains, which needs a lot of processing power. Moreover, Google stated that of 50 recent cloud computing attacks, over 80% were utilized to mine cryptocurrencies. According to the Google analysis, hackers often use a well-known cryptocurrency exchange or firm’s brand to fool people. Besides viruses, spam, unleashing DDoS, and hosting illegal material were other cyber-threats detected.
Google advises its cloud users to use two-factor authentication. An additional layer of protection above a generic user name and password. And sign up for the work safer security program. Furthermore, Russian speakers were identified as the perpetrators of cybercrime. Moreover, they discreetly mine cryptocurrencies, but they also actively broadcast live videos that entice viewers to contribute funds to be eligible for a giveaway.