Feb 19, 2023

Malicious Campaign Steals Crypto from Unaware Investors

Crypto investors have been warned to take extra caution when it comes to their financial security, as two malicious computer programs have been found targeting investors in a desktop environment.

Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors, according to threat intelligence research team Cisco Talos. The majority of victims of this campaign are located in the United States, with a much smaller percentage of victims in the United Kingdom, Turkey, and the Philippines.

The malicious software works together to detect wallet addresses which have been copied onto the clipboard by the user, replacing the original address with a different one. This attack relies on the user’s inattentiveness to the sender’s wallet address, and is a concern for both individuals and organizations.

Once infected, the MortalKombat ransomware encrypts the user’s files and drops a ransom note with payment instructions, as shown in the image above. The download links associated with the attack campaign lead to an attacker-controlled server based in Poland.

The attack begins with a cryptocurrency-themed email containing a malicious attachment. The attachment is a BAT file, which downloads and executes the ransomware when opened.

Fortunately, investors can take proactive measures to protect their financial well-being from this attack. It is important to perform extensive due diligence before investing, and to always ensure the official source of communications. Additionally, Cointelegraph has published an article on how to keep crypto assets safe.

On the other hand, the total value extorted by ransomware attackers has dropped significantly, from $774 million in 2021 to $456.8 million in 2022. This decrease in revenue is thought to be due to victims refusing to pay the ransom, rather than a decrease in the number of attacks.

In order to protect crypto investments, it is essential to remain vigilant and aware of the latest malicious software. By following the safety tips outlined above, investors can protect their finances from malicious software and ensure their crypto investments remain secure.

Disclaimer: All investment or financial opinions expressed by MoonLanding Media are not recommendations and are intended for entertainment purposes only. Do your own research prior to making any kind of investment. This article has been generated based on trending topics, has not been fact checked and may contain incorrect information. Please verify all information before relying on it.