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Cloud computing and storage provide users with the capabilities to store and process their data in third-party data centers. [1] Organizations use the cloud in a variety of different service models (with acronyms such as SaaS, PaaS, and IaaS) and deployment models (private, public, hybrid, and community).
Cloud mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. [1] Cloud mining has been used by ransomware groups and scammers to launder cryptocurrency. [2] This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
The Cloud Security Alliance (CSA) is an organization that is dedicated to defining and raising awareness of secure cloud computing. In doing so, the CSA has defined the following categories of SECaaS tools and created a series of technical and implementation guidance documents to help businesses implement and understand SECaaS. [9]
Bitcoin mining is once again in the spotlight, with videos coming out of China showing massive mining farms being torn to the ground. These events have caused the Bitcoin network hash rate to drop ...
Smart mining can be the solution for Bitcoin and cryptocurrencies biggest problem. In 2018, the Bitcoin network alone will consume about 0.5% of the world’s electricity. Smart mining can be the ...
Tier 2: Designed to address the need of most organizations running business critical data and systems through a set of more stringent security controls to address security risks and threats in potentially moderate impact information systems using cloud services to protect business and personal information (e.g.: Confidential business data ...
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