Google warns crypto miners are hacking cloud accounts
Summary
The search giants cybersecurity team provided details of the security breach in a report published Wednesday. "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. In the majority of the breaches, 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.