Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
Joshua Paul Armbrust, 44, faces indictment for allegedly using his former employer’s resources to mine ether (ETH), resulting in over $45,000 in damages. The U.S. Attorney’s Office for the District of Minnesota revealed that Armbrust, who left his job at Digital River, engaged in a “cryptojacking” scheme by accessing the company’s Amazon servers. The unauthorized mining operation was discovered after Digital River experienced unusual spikes in electricity bills. Armbrust is now facing legal consequences for his actions.
The Defi FunFacts:
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Cryptojacking is the unauthorized use of someone else’s computer to mine cryptocurrency, usually without their knowledge or consent.
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Joshua Paul Armbrust was indicted for using his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages.
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Cryptojacking schemes like the one Armbrust was involved in can have real financial consequences for the victims, as they can lead to increased electricity bills and reduced computer performance.
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Digital River, the company where Armbrust used to work, suffered financial losses as a result of the cryptojacking scheme.
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The case highlights the importance of cybersecurity measures in protecting against unauthorized access and exploitation of computer resources for cryptocurrency mining.
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