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Google Cloud has launched its Cryptomining Protection Program for Security Command Center (SCC) Premium customers with up to $1 million to cover unauthorized Google Cloud compute expenses associated with undetected cryptomining attacks. SCC Premium customers will have access to the new product for free. SCC Premium works with a pay-as-you-go pricing, and as one-year and multi-year fixed-price subscriptions. 

According to Google Cybersecurity Action Team (GCAT) September 2022 Threat Horizons Report, threat actors frequently targeted weak and default passwords to access Google Cloud accounts. Once inside the compromised cloud accounts, they performed cryptomining 65% of the time.

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