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Two crypto miners charged with hacking a Missouri tech firm’s cloud-computing account — and racking up $760K in server charges
Market Watch ^ | 05 December 2021 | Lukas I. Alpert

Posted on 12/05/2021 5:50:10 PM PST by blueplum

A pair of Iranian hackers have been charged with breaking into a Missouri tech firm’s cloud-computing account and running up a $760,000 bill while mining cryptocurrency.

Prosecutors say the two men, who live and operate in Iran, managed to access the company’s Microsoft Azure cloud-computing account and install several new servers and programs to mine a cryptocurrency called Monero — a process known as cryptojacking...

..The company was unaware of the intrusion until it received a bill from Microsoft for $760,00 for the use of the additional server capacity, prosecutors said....

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Society
KEYWORDS: azure; cloudcomputing; cryptocurrency; iran; it; microsoft; microsoftazure; missouri; monero
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1 posted on 12/05/2021 5:50:10 PM PST by blueplum
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To: blueplum

Hmmm, they seem to be implying that security is important.


2 posted on 12/05/2021 5:55:02 PM PST by glorgau
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To: blueplum

Are they being charged as adults or miners?


3 posted on 12/05/2021 5:58:15 PM PST by 17th Miss Regt
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To: blueplum

yeah, seriously some bad AZURE management.

I owned a few thousand instances which we got billed up the a$$ for even though I had more than enough physical hardware to do so cheaper.

Upper management knew “Cloud was the Future” and while I admint they were right in their context I decided not to be a part of it.

Monitor your elasticity.


4 posted on 12/05/2021 5:59:16 PM PST by algore
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To: blueplum

Who is it that will be going to Iran to serve the arrest warrants?


5 posted on 12/05/2021 6:03:27 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: Deaf Smith

“Who is it that will be going to Iran to serve the arrest warrants?”

Explain why anyone should even consider going to another foreign country to do that?

Oh wait, I forgot “Firewalls are BAD”

sorry


6 posted on 12/05/2021 6:08:18 PM PST by algore
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To: blueplum

Most surprising to me is that there is a “Missouri tech firm”.


7 posted on 12/05/2021 6:18:42 PM PST by Pollard (PureBlood -- youtube.com/watch?v=VXm0fkDituE)
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To: algore
"Explain why..."

Just going by the link that two Iranians that live in Iran were charged.

Perhaps the charges just go on their perminant record.

8 posted on 12/05/2021 6:19:54 PM PST by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: Deaf Smith

and perhaps an under the table mo - sad deal too


9 posted on 12/05/2021 6:32:28 PM PST by algore
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To: 17th Miss Regt

“Ba-dum, bum!”


10 posted on 12/05/2021 7:15:42 PM PST by Tacrolimus1mg (Do no harm, but take no sh!t.)
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To: 17th Miss Regt

You funny guy, you!


11 posted on 12/05/2021 8:04:35 PM PST by Right Brother
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To: blueplum

Will Microsoft forgive the charges?


12 posted on 12/05/2021 8:38:20 PM PST by TChad ("Joe, we should evacuate the civilians before the military. You understand that, right? Joe?")
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To: blueplum

Good IT security ain’t cheap

Cheap IT security ain’t good


13 posted on 12/05/2021 9:58:31 PM PST by AlbertWang
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Prosecutors say the two men, who live and operate in Iran, managed to access the company’s Microsoft Azure cloud-computing account and install several new servers and programs to mine a cryptocurrency called Monero — a process known as cryptojacking...

14 posted on 12/05/2021 10:38:45 PM PST by SunkenCiv (Bomb, bomb, bomb, bomb bomb Iran.)
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To: AlbertWang

LOL!


15 posted on 12/06/2021 7:42:15 AM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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To: blueplum

Clearly, the Missoura company took it up the azure!


16 posted on 12/06/2021 7:43:39 AM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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