Cybercrime Perpetrator Analysis

Cybercrime Perpetrator Analysis Student’s Name Institutional Affiliation Cybercrime Perpetrator Analysis A former engineer at Amazon, Paige Thompson, was indicted by a federal Grand Jury on several accounts of computer fraud and wire fraud at Capital One and thirty other organizations. In a new indictment filed on 28th of August 2019, Thompson was also accused of crypto-jacking, an act that involved infiltrating Capital One’s cloud servers and illegally mining cryptocurrencies. The effect of Thompson’s breach resulted in the exposure of data for more than 100 million customers who rely on Capital One’s services. According to Muncaster (2019), the former staff member scanned for potential AWS customers whose firewalls had been misconfigured and stole private information from the client’s servers. The increasing popularity of cryptocurrencies has raised much interest among hackers, who employ crypto-jacking as a means of gaining large amounts of money in a single cyberattack. The principle of cryptocurrency mining involves using an individual’s computing power to verify blocks of cryptocurrency transactions. Crypto-jacking involves using someone else’s computing power to verify the transactions to mine the cryptocurren...