Hacker arrested for breaching 5,000 hosting accounts to mine crypto

Hacker arrested for breaching 5,000 hosting accounts to mine crypto
A hacker in Ukraine illegally accessed over 5,000 accounts from an international hosting company, using them to mine cryptocurrency and causing $4.5 million in damages. Authorities arrested him after an extensive investigation, revealing his use of stolen credentials and hacking tools; the case highlights ongoing cybersecurity threats in digital infrastructure. #UkraineCybercrime #CryptocurrencyMining

Keypoints

  • The hacker accessed more than 5,000 client accounts on a hosting platform.
  • He used the accounts to deploy virtual machines for cryptocurrency mining.
  • The damages caused by the illegal mining were estimated at $4.5 million.
  • Authorities linked the hacker to stolen credentials, wallets, and hacking scripts.
  • The suspect faces up to 15 years in prison for his cybercrimes.

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