Articles for tag: cloud security, cryptojacking, cyber threats, Google Threat Report, multi-factor authentication, Ransomware, TRIPLESTRENGTH

Market News

TripleStrength Combats Cryptojacking in the Cloud While Strengthening On-Premises Systems Against Ransomware Threats

Google recently highlighted a cyber threat group called TRIPLESTRENGTH, which is known for targeting cloud environments for cryptojacking and ransomware attacks. According to their latest Threat Horizons Report, this group engages in various malicious activities, including cryptocurrency mining on compromised cloud resources and deploying ransomware like Phobos and RCRU64. They gain access using stolen credentials ...

Market News

TripleStrength Launches Cloud Protection Against Cryptojacking and Ransomware Threats for On-Premises Systems

On January 23, 2025, Google unveiled information about a threat group called TRIPLESTRENGTH, known for targeting cloud environments for cryptojacking and ransomware attacks. This group uses stolen credentials to hijack cloud resources, primarily to mine cryptocurrencies using the unMiner application. In addition, they deploy ransomware on on-premise systems, utilizing various malicious tools like RCRU64 and ...

Market News

Nebraska Man Pleads Guilty in $3.5 Million Cryptojacking Scheme, Highlighting Growing Cybercrime Concerns in Cryptocurrency Sector

A man from Nebraska, Charles O. Parks III, pleaded guilty to a large-scale cryptojacking operation after his arrest in April. He rented cloud computing from two major providers, amassing a bill of $3.5 million while mining around $970,000 worth of cryptocurrency without ever paying. Parks used various aliases and created multiple accounts to access powerful ...

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