Ukrainian police arrest hacker who used hosting firm’s servers to mine cryptocurrency

Ukrainian police arrest hacker who used hosting firm’s servers to mine cryptocurrency

Ukrainian police and Europol have arrested a man accused of hacking into over 5,000 user accounts of an international hosting provider to conduct illegal cryptocurrency mining, resulting in $4.5 million in losses. The suspect, active since 2018, used malicious tools and maintained multiple accounts on hacker forums, evading detection by frequently changing residence. #UkrainianCyberPolice #CryptoMining #Europol #HackerForum #DataBreaches

Keypoints

  • The suspect has been conducting cyberattacks since at least 2018.
  • He gained access to over 5,000 user accounts of a global hosting company.
  • The hacker used virtual machines to mine cryptocurrency illegally.
  • The operation caused an estimated $4.5 million in financial losses.
  • Authorities seized computers, mobile phones, and banking cards during raids.

Read More: https://therecord.media/ukrainian-police-arrest-hacker-cryptomining