Ex-Amazon employee was arrested last month over the Capital One data breach and he has been accused of hacking over 30 companies and the servers she compromised she later used them to mine cryptocurrency. Let’s find out more about it in the altcoin news below.
The FBI arrested Thompson at the end of last month after he conducted a massive data breach at Capital One. The hack exposed more than 100 million credit card applicants and personal details including bank accounts, social security numbers, and other personal info. However, the federal grand jury this week charged her with two counts. Thompson stole the data from badly configured servers hosted with a cloud computing company. The indictment, however, does not name the which cloud computing company but because Thompson is an ex-amazon employee, this provides cloud computing services to Capital one.
Thompson also allegedly used the servers processing power in order to mine cryptocurrency and as we can read from the indictment:
‘’It was further part of the scheme and artifice that PAIGE A. THOMPSON used her unauthorised access to certain victim servers – and the stolen computing power of this servers – to “mine” cryptocurrency for her own benefit, a practice often referred to as “cryptojacking.”
The Amazon Web services were not compromised at all despite the fact that Thompson is an ex-Amazon employee. The access to the servers was because of the misconfiguration by Capital One and not because of the vulnerability in Amazon’s infrastructure. The authorities discovered that Thompson conducted illegal activities after she posted details of the Capital One hack on her GitHub account. There is also no evidence that she was trying to sell or disseminate any of the data she had managed to steal.
As per the reports in the latest cryptocurrency news, Cryptojacking appears to be on the rise. One of the tech giants such as IBM reported that earlier this year ransomware has overtaken the crypto-cybercrime weapon of choice. Another report by McAfee (the security company and not the person who founded it) suggested that the cryptojacking incidents and campaigns increased up to 29% in the first quarter of the year, unfortunately.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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