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10/10/24
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Crypto Malware Targets Thousands, Stealing Funds and Mining in Secret
Recent reports indicate that a malware campaign has infected over 28,000 users, primarily in Russia and neighboring countries, to compromise their devices for cryptocurrency mining and theft. The cybersecurity firm Doctor Web revealed that the malware masquerades as legitimate software, including office applications, gaming cheats, and trading bots, thereby deceiving users into downloading it.
Despite the extensive reach of the malicious software, the total amount of cryptocurrency successfully pilfered is estimated to be approximately $6,000. However, it remains unclear how much the cybercriminals may have accrued through illicit mining activities. The malware is linked to fraudulent sources such as fake GitHub repositories and malicious links in YouTube video descriptions.
Once installed, the malware employs resource hijacking techniques to mine cryptocurrency covertly. A component known as a “Clipper” also tracks crypto wallet addresses that users copy to their clipboard, replacing them with addresses owned by the attackers, allowing them to steal funds easily. This type of technique highlights the malware’s sophisticated design, utilizing methods like password-protected archives to evade antivirus detection and concealing harmful files as legitimate system processes.
In September, concerns over the Clipper malware arose as it led to significant financial losses for users, prompting warnings from major cryptocurrency exchanges. Many infections reportedly stemmed from users installing pirated versions of popular applications, underscoring the importance of sourcing software from reputable origins.
Clipboard-altering malware has existed for years and gained traction following the crypto market surge in 2017. Such programs have evolved, often integrating clipboard hijacking with other malicious capabilities. Moreover, recent findings have indicated that cybercriminals are also exploiting email auto-replies to disseminate mining malware, pointing to the ongoing need for vigilance in cryptocurrency security.
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