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Tom’s Hardware
Tom’s Hardware
Technology
Jowi Morales

Hacker who breached 5,000 accounts to mine crypto arrested — 7-year cryptojacking scheme incurs $4.5 million in damages

Hacker.

Ukrainian authorities have arrested a hacker who compromised over 5,000 accounts at a major global hosting company and used them to mine cryptocurrency. According to the Cyber Police of Ukraine, the suspected criminal installed virtual machines on the compromised servers to run the mining software, incurring the company losses of about 185 million hryvnia or nearly US$4.5 million at the current exchange rate.

The police say that the 35-year-old offender has been using open-source intelligence since 2018 to find and exploit weaknesses in the network infrastructure of several companies. The person was a native of and operated in Poltava, although they also operated between Odesa, Zaporizhzhia, and Dnipropetrovsk.

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