Trend Micro Research Finds Both On-Premise and Cloud-based Servers Compromised by Criminal Underground

DALLAS, Sept. 1, 2020 /PRNewswire/ — Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today released research that states organizations’ on-premise and cloud-based servers are compromised, abused and rented out as part of a sophisticated criminal monetization lifecycle.

The findings come from the second of a three-part report series looking at how the underground hosting market operates. The findings show that cryptocurrency mining activity should be the indicator for IT security teams to be on high alert.

While cryptomining may not cause disruption or financial losses on its own, mining software is usually deployed to monetize compromised servers that are sitting idle while criminals plot larger money-making schemes. These include exfiltrating…