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Researchers Warn of New Crypto-Draining Malware

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April 8, 2023
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Trustwave SpiderLabs Discovers New Strain of Malware Targeting Cryptocurrency Users

Researchers at Trustwave SpiderLabs have discovered (1) a new strain of malware that targets cryptocurrency users, draining their funds from wallets and exchanges. The malware, which is spread through phishing emails and malicious links, is designed to steal login credentials and other sensitive information.

Malware Steals from Both Wallets and Exchanges

Unlike previous malware strains that targeted only cryptocurrency wallets, this new strain is capable of stealing funds from both wallets and exchanges. The researchers note that the malware is particularly dangerous because it can bypass two-factor authentication measures and steal login credentials directly from users’ devices.

Importance of Secure Crypto Practices

The discovery of this new strain of malware highlights the importance of practicing secure crypto habits, such as using strong passwords, enabling two-factor authentication, and avoiding suspicious emails and links. Users are also advised to keep their software up to date and to regularly monitor their crypto accounts for any unauthorized activity.



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