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Six Tools Used by Hackers to Steal Cryptocurrency: How to Protect Wallets

Published 07/29/2018, 02:35 PM
Updated 07/29/2018, 02:41 PM
Six Tools Used by Hackers to Steal Cryptocurrency: How to Protect Wallets

In the early July, it was reported that Bleeping Computer detected suspicious activity targeted at defrauding 2.3 million Bitcoin wallets, which they found to be under threat of being hacked. The attackers used malware — known as “clipboard hijackers” — which operates in the clipboard and can potentially replace the copied wallet address with one of the attackers.

The threat of hacking attacks of this type has been predicted by Kaspersky Lab as early as November of last year, and they did not take long to become reality. For the time being, this is one of the most widespread types of attacks that is aimed at stealing users’ information or money, with the overall estimated share of attacks to individual accounts and wallets being about 20 percent of the total number of malware attacks. And there’s more. On July 12, Cointelegraph published Kaspersky Lab’s report, which stated that criminals were able to steal more than $9 million in Ethereum (ETH) through social engineering schemes over the past year.

Continue Reading on Coin Telegraph

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