KEY POINTS
  • Google said 86% of 50 recently compromised Google Cloud accounts were used to perform cryptocurrency mining.
  • Cryptocurrency mining is a for-profit activity that often requires large amounts of computing power, which Google Cloud customers can access at a cost.
  • "Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances," Google wrote in an executive summary of the report.

Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned.

The search giant's cybersecurity team provided details in a report published Wednesday. The so-called "Threat Horizons" report aims to provide intelligence that allows organizations to keep their cloud environments secure.