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Cryptojacking costs victims over 50-times what the attacker makes

Wednesday September 28, 2022. 03:11 PM , from BetaNews
According to a new report from Sysdig, the unified container and cloud security company, it costs $430,000 in cloud bills for an attacker to generate $8,100 in cryptocurrency revenue. This works out at a $53 cost to the victim for every $1 the cryptojacker makes. The report takes an extensive look at TeamTNT, a notorious cloud-targeting threat actor that generates the majority of its criminal profits through cryptojacking. TeamTNT is best known for its crypto‐jacking worm activity, which began in 2019, exploiting vulnerable instances of popular key‐value store Redis. Sysdig's team recovered 10 TeamTNT XMR wallets used during mining campaigns… [Continue Reading]
https://betanews.com/2022/09/28/cryptojacking-costs-victims-over-50-times-what-the-attacker-makes/
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