Hackers these days are becoming increasingly more creative when it comes to making a buck! Recently some hackers were able to break into servers owned by Amazon Web Services (AWS) and use resources to mine Bitcoin!

A report from the security intelligence group RedLock found at least two companies which had their AWS cloud services compromised by hackers who wanted nothing more than to use the computer power to mine the cryptocurrency bitcoin. The hackers ultimately got access to Amazon's cloud servers after discovering that their administration consoles weren't password protected.

"Upon deeper analysis, the team discovered that hackers were executing a bitcoin mining command from one of the Kubernetes containers," reads the RedLock report. Kubernetes is a Google-created, open-source technology that makes it easier to write apps for the cloud.

According to this article, hackers were not just able to gain access to some AWS servers but they were also able to get their mining script working. However, there isnt any detail given as to how effective this strategy was for the hackers involved in terms of actually mining Bitcoins.

CryptoTelegraph Summary

These types of creative hacking activities will most likely continue to expand and increase in number as the price of Bitcoin continues to rise exponentially. What predictions do you have for Bitcoin in the coming months?

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Source:

'Forget stealing data — these hackers broke into Amazon's cloud to mine bitcoin' - Business Insider