Feb 19, 2023

Malicious Crypto Theft Campaign Targets Investors

The threat intelligence research team at Cisco Talos has recently discovered two malicious computer programs actively targeting crypto investors in a desktop environment. These two malicious files, MortalKombat ransomware and Laplas Clipper malware, have been in circulation since December 2022, with the majority of victims located in the United States, followed by the United Kingdom, Turkey and the Philippines.

The attack works by detecting wallet addresses that are copied onto the user’s clipboard and replacing them with a different address. The user’s inattentiveness to the sender’s wallet address means that the attack can target individuals and small and large organizations alike.

Once infected, the MortalKombat ransomware encrypts the user’s files and drops a ransom note with payment instructions. The malicious software is propagated by unknown sources, with download links (URLs) leading to an attacker-controlled server in Poland. The attack begins with a cryptocurrency-themed email containing a malicious attachment, which runs a BAT file that downloads and executes the ransomware when opened.

Fortunately, investors can protect themselves from this attack by performing extensive due diligence before investing and ensuring the official source of communications. Additionally, the total value extorted by ransomware attackers has decreased by 40% to $456.8 million in 2022, according to Chainalysis. This doesn’t necessarily mean the number of attacks has gone down from the previous year, however.

For those looking to make the most of their crypto investments, it’s important to stay informed and take the necessary steps to protect their assets. NFTs have become a popular way to promote and sell crypto assets, and NFT marketing is a great way to get the word out. A web3 agency can help create an effective NFT marketing campaign, utilizing platforms such as Twitter to reach potential buyers. With the right strategies in place, investors can make the most of their crypto investments and protect themselves from malicious attacks.

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.