Business

Microsoft bans crypto mining to protect its cloud service customers

Within the license itself, there was hardly any more info, reports The Register.

San Francisco: Microsoft has banned cryptocurrency mining from its online services to protect all of its cloud customers, media reports said.

ADVERTISEMENT

Microsoft’s Summary of Changes to the license states: “Updated Acceptable Use Policy to clarify that mining cryptocurrency is prohibited without prior Microsoft approval.”

Within the license itself, there was hardly any more info, reports The Register.

ADVERTISEMENT

Moreover, a section headed “Acceptable Use Policy” states: “Neither Customer nor those that access an Online Service through Customer, may use an Online Service: to mine cryptocurrency without Microsoft’s prior written approval.”

“Cryptocurrency mining can disrupt or even impair Online Services and its users, and is often associated with unauthorised access to and use of customer accounts,” Microsoft told The Register.

“We made this change to further protect our customers and mitigate the risk of disrupting or impairing services in the Microsoft Cloud,” Microsoft was quoted as saying.

“Permission to mine crypto may be considered for Testing and Research for security detections,” it added.

Last year, Microsoft warned customers about a new crypto mining malware that can steal credentials, remove security controls, spread via emails and ultimately drop more tools for human-operated activity.

Called ‘LemonDuck’, the crypto mining malware targeted Windows and Linux systems, spreading via phishing emails, exploits, USB devices and brute force attacks in various countries, including India.

ADVERTISEMENT
ADVERTISEMENT

This post was last modified on December 15, 2022 6:39 pm

Share
Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

Load more...