Express Computer
Home  »  Cloud  »  Understanding Cryptojacking: 3 ways to keep your cloud resources intact

Understanding Cryptojacking: 3 ways to keep your cloud resources intact

0 35

As technology rapidly evolves, so do the threats that target it. Among these is cryptojacking. It involves utilizing computing power to mine cryptocurrency, a process that can lead to huge financial losses for targeted organizations.

To perform it, threat actors exploit compromised credentials through various means, highlighting the need to implement common best practices like credential hygiene and cloud hardening.

Microsoft Security recommends adopting the following practices to prevent cloud cryptojacking:

Multi-Factor Authentication

Tenant administrators should ensure that MFA is in use comprehensively across all accounts. This is especially important if the account has virtual machine contributor privileges. Users should also be discouraged from reusing passwords across services.

Risk-based sign-in behaviors and conditional access policies

Monitoring risky user alerts and tuning detections that take advantage of security information help prevent these attacks. Risk-based conditional access policies can be designed to require multifactor reauthentication, enforce device compliance, force the user to update their password, or outright block the authentication. In many cases, policies such as these can be disruptive enough to provide security teams with enough time and signal to respond or alert the legitimate user to an issue before the resource abuse begins.

Separation of privileged roles

In most resource abuse cases that Microsoft Incident Response has investigated, the initially compromised user is over privileged in some way. Thus, it is good practice to limit the number of accounts that have the virtual machine contributor role. In addition, accounts with this role should be protected by MFA and Conditional Access where possible.

By remaining vigilant and staying one step ahead, technology professionals can thwart cryptojacking attempts and ensure a secure cloud ecosystem for all users.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image