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Hackers Stealthily Uninstall Cloud Security Products to Mine Monero

  • Alex Morris
    📰 News

    The new malicious software managed to uninstall cloud security products of top Chinese cloud providers


Hackers Stealthily Uninstall Cloud Security Products to Mine Monero
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Contents

Cybersecurity firm Palo Alto Networks has recently discovered a new type of malware that is capable of targeting cloud servers. The ultimate goal of this hacking operation conducted by the Rocky group was to stealthy mine Monero, the most popular privacy coin.  

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Outsmarting tech giants

Public cloud infrastructure has been extremely enticing for hackers over the past few years. The report states that the products developed by Tencent and Alibaba weren’t actually compromised. Hackers gained full control and simply uninstalled the software, acting like a real administrator.

The researchers add that this is the first instance when any malware managed to remove cloud security. The Rocky group achieved this by not displaying any malicious behavior and by using guides provided by the aforementioned companies on how to uninstall their products. In order to deliver the malware itself to the victim’s computer, they exploited vulnerabilities in Apache Struts 2, Oracle WebLogic, and Adobe ColdFusion.

It’s high time for cloud-based services to rethink their approach to security given that ordinary security products might not be doing enough in order to avoid malware intrusion.

Monero, the king of cryptojacking

As U.Today reported earlier, Monero is linked to the lion’s share of cryptojacking cases. In fact, more than 4 percent of the XRM total supply is attributed to malicious malware. From malicious Steam games to fake Adobe Flash installers that are used as a tool for cryptojacking – Monero keeps ruling the roost when it comes to mining malware. 


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Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
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It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

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Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

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Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

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