NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Cloud Services and Cryptocurrency Mining Malware

Gautham
Gautham
Last Updated: June 11, 2024 5:38 pm
2 mins read
Microsoft Azure Enterprise Grade Blockchains will Disrupt Industries

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In the past few years, the definition of IT infrastructure has changed from self-hosted servers and data centers to cloud computing and virtual machines. The cloud services became popular mainly because of the flexibility in terms of capacity and performance it offers. The cloud services providers like Amazon Web Services, Azure, etc., have the capability to supply virtually unlimited processing power, bandwidth, and storage. These features make it attractive for customers as they can run their applications without worrying about limitations.

While it is advantageous to have a pay-as-you-go cloud subscription to run one’s web applications and other software, it can also turn out to be a pain if the user gets careless. Without proper attention to security and safety of the process, these cloud hosting/storage accounts can be hacked using malware and viruses to not only steal data but run processor intensive tasks at the customer’s expense. Cryptocurrency mining is one such process intensive task for which cloud-based machines are an ideal fit when it comes to the available processing power. But the cost of running such process sometimes costs many times more than the amount of cryptocurrency mined.

However, hackers don’t have to care about it as the original owners of the cloud services account will be footing the bill while all mined cryptocurrencies will go to the respective wallets of cybercriminals. At the same time, the cloud solutions providers have got certain security features in place which prevents or at least detects such threats in most of the cases. In a recent blog post, Microsoft discusses a case involving such malware and the role of Azure Security Center and Threat Intelligence in detecting and assisting in disabling the threat.

According to the blog post, Azure Security Center played a significant role in helping researchers discover a ring of mining activity involving Cryptonight based cryptocurrency. The security software detected one of the accounts being compromised by what appeared to be a patch for pirated software. As the cybersecurity team started monitoring the instance, they discovered that the malicious scripts were connecting to Sharkcoin cryptonet pool. The cryptocurrency mining services were found disguising themselves as legitimate Windows services, hiding in plain sight. The cryptocurrency mining malware was found to be communication with an IP address in Korea, casting speculations about its origin.

In the same blog post, Jessen Kurien from Cloud Security Investigations & Intelligence at Microsoft Azure Security also lists few remediation steps which includes;
resetting passwords, running a ‘Defender’ scan, updating critical and security OS updates to all virtual machines, ensuring all OS configurations are in accordance with recommended settings, conducting regular backups and avoiding usage of cracked/pirated software.

Microsoft also recommends Azure users to configure Azure Security Center to send email notifications so that it can send out updates to the users in case of any suspicious activity.

Ref: Azure Blog | Image: NewsBTC
Tweet123Share196ShareSend
Gautham
Gautham

Gautham

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

crypto

Crypto Carnage Continues — Tom Lee Exposes What’s Really Going On

The global crypto market pulled back to about $3.23 trillion on Monday, down close to a percent from recent levels,...

Christian Encila 1 hour ago

테더, 네우라 로보틱스 투자 검토… SUBBD에 몰리는 AI 자금 흐름

핵심 내용: 테더가 네우라(Neura)에 10억 달러 이상을 투입할 가능성이 거론되면서, 암호화폐 수익이 실제 AI·로보틱스 인프라로 유입되는 흐름이 뚜렷해지고 있다. 네우라는 산...

Soyeon Lee 2 hours ago
Bitcoin Hyper and the Hunt for the Next 1000x Crypto in 2025.

Bitcoin Hyper and the Hunt for the Next 1000x Crypto in 2025

What to Know: Bitcoin volatility and extreme fear push investors toward infrastructure narratives like Bitcoin Layer-2s that can benefit if...

Aaron Walker 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum koers voorspelling

ETH vs AVAX RWA strijd – Enorme kans voor nieuwe RWA presale

robertbemelmans Just now
Bitcoin

La ce preț poate ajunge Bitcoin pe final de 2025?

antonio 29 minutes ago

Tether Investirà 1 Miliardo in Neura: Cresce l’Hype sui Token AI e la Presale di SUBBD Esplode

Orfeo Barone 58 minutes ago

Premium Sponsors

Press Releases

  • イーサリアム...

    2 hours ago
  • 仮想通貨おすすめ:ビットコイン最弱Q4が示す“最後の押し目”と次のメガブルランへの備え

    ...

    3 hours ago
  • ドージコイン 今後:0.16ドル付近で安定し、トレンド転換の兆しが見られる展開に

    ドージコイン...

    4 hours ago
  • ビットコイン 今後の価格動向

    ビットコイン...

    4 hours ago
  • 新たな競合台頭でSHIBの回復はどう進むのか

    シバコイン...

    4 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.