Hackers can use compromised Google Cloud accounts to install mining software in under 30 seconds: report

cointelegraph.com:

In a report aimed at assessing threats to Cloud users, Google’s Cybersecurity Action Team said that some attackers are exploiting “poorly configured” accounts to mine cryptocurrency.

On Wednesday, the Google team said out of 50 analyzed incidents that compromised the Google Cloud Protocol, 86% were related to crypto mining. The hackers used the compromised Cloud accounts to access resources from individuals’ CPUs or GPUs to mine tokens or take advantage of storage space when mining coins on the Chia Network.

However, Google’s team reported that many of the attacks were not limited to a single malicious action like crypto mining, but also as a staging point to conduct other hacks and identify other vulnerable systems. According to the