Feb 19, 2023

Malicious Crypto Attackers Target Investors in US, UK, Turkey and Philippines

Crypto investors are being targeted by two dangerous computer programs, according to threat intelligence research from Cisco Talos. The malicious software, MortalKombat ransomware and Laplas Clipper malware, have been actively stealing cryptocurrencies from unsuspecting victims since December 2022.

The malicious campaign is primarily targeting victims in the United States, with smaller numbers in the United Kingdom, Turkey and the Philippines. The attack works by replacing wallet addresses copied onto the clipboard with a different address, meaning the money is sent to an unknown source.

The attack is indiscriminate, targeting both individuals and organizations. Once infected, the MortalKombat ransomware encrypts the user’s files and drops a ransom note with payment instructions. The malicious software is downloaded from an attacker-controlled server based in Poland.

The attack begins with a cryptocurrency-themed email containing a malicious attachment. The attachment runs a BAT file that helps download and execute the ransomware when opened.

Thanks to the early detection of the malicious software, investors can take proactive steps to protect their financial well-being. Investors should always perform extensive due diligence before investing and ensure that the source of communication is legitimate.

On the other hand, ransomware revenues for attackers have dropped 40% to $456.8 million in 2022, according to Chainalysis. While this suggests the number of attacks is down from the previous year, it is not necessarily an indication of this.

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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.