Feb 19, 2023

Malicious Crypto Attackers Target Investors Worldwide

Crypto investors have been warned to be on the lookout for two new malicious computer programs that are actively targeting users 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 victims of this campaign are predominantly located in the United States, with a smaller percentage of victims in the United Kingdom, Turkey and the Philippines. The attack works by detecting wallet addresses copied onto the clipboard and replacing them with a different address. This makes it difficult for victims to identify the sender of the stolen cryptocurrencies, allowing the attack to span individuals and small and large organizations.

Once infected, the MortalKombat ransomware encrypts the user’s files and drops a ransom note with payment instructions. The malicious software is spread via a cryptocurrency-themed email containing a malicious attachment, which executes a BAT file to download and execute the ransomware when opened.

Fortunately, investors can take proactive steps to prevent this attack from impacting their financial well-being. As always, Cointelegraph advises investors to perform extensive due diligence before investing, while ensuring the official source of communications. Additionally, investors should read up on how to keep crypto assets safe by checking out this Cointelegraph Magazine article.

On the other hand, ransomware revenues for attackers have plummeted 40% to $456.8 million in 2022, as victims continue to refuse extortion demands. However, this doesn’t necessarily mean that the number of attacks is down from the previous year, according to Chainalysis.

To stay safe from such malicious attacks, crypto investors should consider investing in NFTs. NFTs are digital assets that are stored on a blockchain, allowing them to be securely transferred and traded without the need for a central authority. Furthermore, NFTs can be used for a variety of applications, including promotion and marketing.

Crypto investors can also use NFTs to promote their projects and services. For example, they can create NFTs that represent their projects, and then promote them on social media platforms such as Twitter. Additionally, crypto investors can hire a specialized NFT marketing agency to help them with their NFT promotion and marketing efforts.

Finally, crypto investors should also consider selling NFTs in order to generate passive income. By doing so, they can monetize their digital assets, while also creating a unique digital asset that can be used to promote their projects and services.

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.