29-Year-Old Ukrainian Cryptojacking Kingpin Arrested for Exploiting Cloud Services
Jan 13, 2024
Cryptojacking / Cloud Security
A 29-year-old Ukrainian national has been arrested in connection with running a "sophisticated cryptojacking scheme," netting them over $2 million (€1.8 million) in illicit profits. The person, described as the "mastermind" behind the operation, was apprehended in Mykolaiv, Ukraine, on January 9 by the National Police of Ukraine with support from Europol and an unnamed cloud service provider following "months of intensive collaboration." "A cloud provider approached Europol back in January 2023 with information regarding compromised cloud user accounts of theirs," Europol said , adding it shared the intelligence with the Ukrainian authorities. The Cyber Police of Ukraine, in a separate announcement, said the suspect "infected the servers of a well-known American company with a miner virus" at least since 2021, using custom brute-force tools to infiltrate 1,500 accounts of the firm. "Using the compromised accounts, the hacker gained access to the management of the service," the a