Feb 19, 2023

Malware Targeting Crypto Investors Discovered

Cryptocurrency investors are the target of two new malicious programs that have been actively circulating on the web since December 2022. The two malicious files, MortalKombat ransomware and Laplas Clipper malware, have been identified by threat intelligence research team, Cisco Talos. The majority of victims of this malicious campaign are 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 copied onto the clipboard with a different address. This is done in order to steal cryptocurrencies from unsuspecting investors. The malicious software is propagated by unknown sources and is capable of targeting both individuals and organizations.

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, which runs a BAT file that downloads and executes the ransomware when opened.

Fortunately, investors can take steps to protect themselves from this malicious attack. It is important to perform extensive due diligence before making any investments and to ensure that the official source of communications is used. Additionally, investors should also be aware of the latest security measures to protect their crypto assets.

It is also worth noting that ransomware revenues for attackers have dropped by 40% to $456.8 million in 2022. However, this does not necessarily mean that the number of attacks is down from the previous year.

Given the prevalence of malicious software, it is more important than ever for investors to be aware of the risks associated with investing in cryptocurrencies. By taking the necessary steps to protect their crypto assets, investors can ensure that their financial well-being is safeguarded.

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.