Citrix security boss warns that cryptojackers are exploiting cloud ignorance
Don’t count on cloud security providers to keep hackers away. As more companies have shifted their data to the cloud, some firms too strapped to spend on security have begun to rely more heavily on companies like Amazon Web Services and Microsoft Azure to assume more network protection and monitoring responsibilities. But Stan Black, chief security and information officer at the software company Citrix, says that hackers are adapting to this transition, hijacking companies’ cloud infrastructure. The issue demonstrates ways in which hackers are keeping pace with corporate defenders, and it presents an urgent challenge for companies that stand to lose millions of dollars, Black said. “This is about someone stealing assets that I pay for,” he said, comparing cryptojacking to a more nefarious version of peer-to-peer music piracy. “The upside is that it’s not destroying the business, or encrypting data. But they are consuming assets that make us think we need […]
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