CandleFocus Former Employee's Hidden Code Turns Workplace Into Crypto Mine
2024-11-07
Author: Content Editor
A former employee of Digital River has been indicted for a "cryptojacking" scheme that involved using the company's computing resources to mine ether (ETH) without permission. The individual, Joshua Paul Armbrust, allegedly accessed the company's Amazon Web Services (AWS) accounts over a period of several months and funneled the mined ETH to his personal Coinbase accounts. The mined cryptocurrency was later sold for over $7,000 and transferred to his Wells Fargo account. Cryptojacking is a cybercrime that results in significant operational costs for the victim. Armbrust faces one count of computer fraud and appeared in court in November 2024. The FBI conducted the investigation, and the case is being prosecuted by Assistant U.S. Attorney Bradley M. Endicott.
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