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Alibaba Cloud servers hacked to mine Monero cryptocurrency

Cybercriminals have begun targeting servers running on Alibaba Cloud in an attempt to use them to mine for cryptocurrency.

Cryptojacking, in which an attacker takes over an organization's servers to mine for cryptocurrency, is nothing new but Trend Micro has noticed that cybercriminals are increasingly targeting Alibaba's cloud infrastructure to mine for Monero as it is untraceable.