Cybercriminals Go Cloudsurfing to Mine Bitcoins
April 12, 2015
Grazed from NewsBTC. Author: Editorial Staff.
Technology has come to that point where all businesses are migrating to cloud based services. Everything from emails, websites, file sharing to enterprise level software run on cloud services these days. Therefore, it doesn’t come as a surprise that the cybercriminals are also choosing greener pastures for their business (if you can call it so).
Cloud: The New Home for Cybercriminals
It was found that the number of attacks on cloud services have gradually increased in the past one year and the trend is expected to continue. Alcatel Lucent’s Motive Security Labs define cloud services as those that are dependent on Internet-based server components. Just like the companies and individuals migrating to cloud services because of its ease of access and cost benefits, even cybercriminals find cloud more lucrative maybe because of the same reasons as others…
We have already witnessed a surge in Ransomware attacks where the attackers demand ransom in bitcoins. Cloud based file syncing and sharing services are not immune to this ransomware either. Whatever affects your PC is most likely to affect your cloud backup and file storage services as well…
Read more from the source @ http://www.newsbtc.com/2015/04/12/cybercriminals-go-cloudsurfing-to-mine-bitcoins/