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Russian Malware Used in Botnet Attack on Crypto Wallets

byKelvin Maore
October 4, 2019
in Cryptocurrency News

Recently, security analysts discovered a very cheap, but extremely notorious botnet behind the rampant hacking of crypto wallets. It was discovered that a Russian made botnet costing as less as just around $160 being used to steal crypto coins from wallets across the world every year.

According to research conducted by Prevailing, it was found that a bargain Trojan malware namedMasterMana Botnetwas being used. It sends phishing emails with malicious code as an attachmentin a mass to all the people dealing with cryptocurrencies. Once the email is opened, the attached code creates backdoors on that particular device to drain out the user’s wallets.

Intelligence director of Prevailion, Danny Adamitis, in an interview spoke about their finding,

Intelligence director of Prevailion, Danny Adamitis, said

He also said,

Danny Adamitis said

From the research,it was also found that there was evidence of one of the versionsof major Microsoft Office file formats, which include Word, Excel, PowerPoint, and Publisher being Trojanized.Based on the tactics, techniques, and procedures used by the hackers to siphon off money from the wallets it is suspected that “Gorgon Group,” a group of hackers who have been in action for a very long time and have many such cybercrimes under their belt, are behind these attacks.

The analysis also revealed that the attackers very smartly avoided using popular Trojans; instead, they chose a slightly older version of the malware, which was sophisticated enough, helping in evading most security software.

Adamitis gave tips to avoid such theft,

Adamitis gave tips to avoid such theft

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Kelvin Maore

Kelvin Maore

Kelvin M. Maore is a seasoned crypto market analyst with half a decade of hands-on expertise. Through concise updates and a creative flair for storytelling, he demystifies blockchain developments, guiding readers confidently through every market twist.

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