Feb 19, 2023

Malicious Crypto Campaign Steals from Unwary Investors

In December of 2022, the threat intelligence research team at Cisco Talos revealed the presence of two malicious computer programs actively targeting crypto investors in a desktop environment. The two malicious files, dubbed MortalKombat ransomware and Laplas Clipper malware, have been actively searching the web and stealing cryptocurrencies from unsuspecting investors.

Victims of the malicious campaign are mainly located in the United States, with smaller percentages in the United Kingdom, Turkey and the Philippines. The attack works by taking advantage of the user’s inattentiveness to the sender’s wallet address, which would send the cryptocurrencies to the unidentified attacker. This means that both individuals and organizations, small and large, are at risk of being affected by the attack.

Once infected, the MortalKombat ransomware encrypts the user’s files and drops a ransom note with payment instructions. The attack is initiated by 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 malicious software with high potential, investors can take proactive measures to protect their financial well-being. Cointelegraph advises investors to perform extensive due diligence before investing and to ensure the official source of communications. For more information on how to keep crypto assets safe, check out this article from Cointelegraph Magazine.

On the other hand, ransomware revenues for attackers have dropped 40% to $456.8 million in 2022, due to victims refusing extortion demands. However, this doesn’t necessarily mean the number of attacks is down from the previous year.

As the crypto space continues to grow, so does the need for NFT marketing and promotion. To capitalize on the potential of the web3 space, crypto investors and organizations should consider working with a web3 agency or NFT marketing agency. These agencies can help create and execute effective NFT marketing and promotion campaigns, such as Twitter NFT marketing, to help investors and organizations reach their desired audience and increase their chances of success.

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.