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Russian Malware Used in Botnet Attack on Crypto Wallets

Written byKelvin Maore
Edited by Niharika Deshpande
October 4, 2019
in Cryptocurrency News
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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 little as around $160 is 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 attachment in a mass to all people dealing with cryptocurrencies. Once the email is opened, the attached code creates backdoors on that particular device to drain the user’s wallets.

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

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 versions of 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 Maore is a crypto market analyst at NameCoinNews with nearly five years of experience tracking digital asset markets. He covers price movements, market structure, altcoin developments, and macro signals affecting the broader crypto ecosystem, from Bitcoin analysis to emerging DeFi protocols. Kelvin is known for translating complex on-chain data and market dynamics into clear, reader-focused reporting. His coverage spans leading crypto assets with a consistent focus on making blockchain technology accessible to both new entrants and experienced investors.

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