Feb 19, 2023

Malicious Crypto Scammers Target Investors Since Dec 2022

As the world of crypto continues to expand, so too does the threat of malicious software targeting investors. Two new malicious programs, MortalKombat ransomware and Laplas Clipper malware, have been actively targeting crypto investors since December 2022, according to Cisco Talos, the threat intelligence research team.

Victims of the malicious 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 replacing wallet addresses that are copied onto a user’s clipboard with a different address, making it difficult to trace the source of the attack.

The attack begins with a cryptocurrency-themed email containing a malicious attachment. Once opened, a BAT file runs and downloads and executes the ransomware, encrypting the user’s files and dropping a ransom note with payment instructions.

Cisco Talos also revealed the download links associated with the attack campaign, which reach an attacker-controlled server via IP address 193[.]169[.]255[.]78, based in Poland.

To keep crypto assets safe, Cointelegraph Magazine recommends investors perform extensive due diligence before investing, and ensure the official source of communications.

Unfortunately, ransomware revenues for attackers have plummeted 40% to $456.8 million in 2022, according to Chainalysis. The figures don’t necessarily mean the number of attacks is down from the previous year, however.

For those looking to invest in crypto, there are a few key steps to take to ensure the safety of their assets. It is important to understand the risks associated with crypto investments and to use a trusted source for information. Additionally, investors should consider engaging a web3 agency to help with NFT promotion and marketing, as well as a NFT marketing agency to help with Twitter NFT marketing. Finally, investors should always be aware of the latest trends in the crypto space and be sure to sell NFTs only through trusted platforms.

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.