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GOOGLE: Google Cloud Develops Cryptojacking Solution to Detect Mining Malware on Virtual Machines

GOOGLE: Google Cloud Develops Cryptojacking Solution to Detect Mining Malware on Virtual Machines

The growing crypto industry has attracted the attention of hackers who have been stepping up their efforts to steal money from unsuspecting victims. Google Cloud has created a new tool called Virtual Machine Threat Detection to protect crypto miners against security attacks (VMTD). Crypto mining malware assaults, also known as cryptojacking, will be detected by the program. This Google Cloud solution will also protect accounts that have been hacked and are being used to mine cryptocurrency.

The Google Cloud Security Command Centre attempts to safeguard crypto miners who use virtual computers to carry out the procedure. Virtual machines allow organizations to run an operating system in an app window on a PC that behaves like a separate computer. In a blog post, Google Cloud Product Manager Timothy Peacock wrote, "What we realized is that we could instrument the hypervisor — the software that sits beneath and orchestrates our customers' virtual machines — to incorporate almost ubiquitous and hard-to-tamper-with threat detection."

To identify malware, the VMTD tool will perform agentless memory scanning. Users will also be protected from ransomware and data exfiltration attempts with the security technology. "Not having an agent operating within their instance implies less performance effect, less operational load for agent deployment and administration, and less attack surface for potential adversaries," Peacock noted. It will serve as a third layer of security for Google Cloud users, complementing existing technologies such as Event Threat Detection and Container Threat Detection.

"The premium edition of Security Command Center provides a full security and risk management platform for Google Cloud, in addition to threat detection." It has built-in services to assist you get insight into your cloud assets, identify misconfigurations and vulnerabilities in your resources, and manage compliance based on industry standards and benchmarks," Peacock said in the blog post. Last year, Google Cloud noticed hacking concerns hanging over crypto mining activity, prompting this move.

It looked at 50 occurrences using hacked Google Cloud protocols in November of last year and discovered that 86 percent of them were tied to crypto mining. Hackers are lured to hijack a GPU to mine crypto assets, according to a Google Cloud study, which is a "cloud resource-intensive for-profit activity."

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