25% of Businesses Targeted With Cryptojacking in the Cloud

Ganesh The Awesome Senior Pre & Post-Sales Engineer at GlobalDots

18th May, 2018 1 Min read

New public cloud security report detects a spike in cryptojacking, mismanaged cloud storage, account takeover, and major patches getting overlooked.

RedLock’s second annual Cloud Security Trends report digs into lessons learned from attacks and breaches over the past year. Researchers found the top issues in the cloud are account compromises, which affected 27% of organizations, cryptojacking (25%), risky configurations (51%), and missing high-severity patches in the cloud (24%).

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

On average, 27% of organizations experienced potential account compromise, including major companies Uber, Tesla, OneLogin, Aviva, and Gemalto. Risky configurations affected 51%; among them were FedEx, Deep Root Analytics, and Under Armour. Nearly one-quarter (24%), including Drupal, MongoDB, Elasticsearch, and Intel, missed high-severity patches in the cloud.

Cryptojacking has gone mainstream as attackers have unprecedented access to high-powered public cloud computing resources, affecting major corporations like Tesla, Gemalto, and Aviva. One-quarter of organizations had cryptojacking in their environments, compared with just 8% last year. Badhwar says activity has ramped up 300% in the last quarter, partially because the bar to enter the world of cryptomining is low and the payoff is high.

An abstract digital design featuring circular patterns and network-like connections. — Image Source

Latest Articles

Web Security

Weak Defences: The Most Hackable Sports Passwords

We get it. Thinking of another password that you haven’t used before can be frustrating – especially when we have to change or update our passwords so regularly. But while it might be tempting to use your favourite sports teams and clubs as passwords, it’s a risky move for your cyber security. Using unique passwords […]

7th April, 2025

Web Security

Solving Network Security Issues for Rapidly Growing Global Businesses

Introduction Ryohin Keikaku is a global manufacturing and retail company that handles everything from product planning to sales for products known as “Mujirushi-Ryohin” in Japan and “MUJI” overseas. To keep pace with its rapid expansion—adding 100 new stores annually in Japan—and its growing global presence, now spanning 225 locations across 20 countries, including 50 stores […]

3rd April, 2025

Cloud Security

Rethinking IT Security to Build Resilience for the Modern Threat Landscape

The recent two decades have changed how applications are built, delivered, and used. We used to have isolated networks with predictable entry points, but today, that has been replaced with a dynamic, interconnected web of APIs. The consequence of this is the dissolution of the traditional security perimeter. Today, protecting a single network boundary doesn’t […]

1st April, 2025

Cloud Security

Closing the Gaps in API Security: How to Build Visibility and Protection for Modern Enterprises

APIs may be your organization’s greatest enabler, but without proper context, they can become its Achilles’ heel. APIs power modern digital ecosystems, connecting applications, enabling seamless machine-to-machine communication, and driving operational efficiencies. However, as APIs become the backbone of enterprises, they also represent an expanding attack surface — one that traditional Web Application and API […]

27th February, 2025

Back to Resources

Unlock Your Cloud Potential