Bleeping Computers Report: Clipboard Malware Targets Over 2.3 Million Bitcoin Addresses

Bleeping Computers Report: Clipboard Malware Targets Over 2.3 Million Bitcoin Addresses

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July 3, 2018 by Ian Moore
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  Cybercriminals are increasingly adopting new measures in their bid to acquire Bitcoin illegally. Cybertheft targeting crypto users have been on a rise since the 2017 Bitcoin’s boom. Over the months, the crypto community has experienced several cyber attacks including phishing scams, ransomware, crypto jacking and exchange hacks. Hackers have now discovered another means to
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Cybercriminals are increasingly adopting new measures in their bid to acquire Bitcoin illegally. Cybertheft targeting crypto users have been on a rise since the 2017 Bitcoin’s boom. Over the months, the crypto community has experienced several cyber attacks including phishing scams, ransomware, crypto jacking and exchange hacks.

Hackers have now discovered another means to continue stealing cryptocurrencies from investors. According to technical support website Bleeping Computers, hackers are monitoring about 2.3 million addresses using a malware known as cryptocurrency clipboard hijacker.

The malware monitors Windows clipboard for crypto addresses, and when it detects one, it will swap out the intended address of the coins and replace it with an address belonging to the hackers.

While bitcoin and other cryptocurrencies are beginning to go mainstream, the technology behind them has not changed very much since its inception in 2009, including the long addresses for sending and receiving funds.

 

Many users find it much easier to just copy and paste the addresses when sending coins to other users, but hackers have found a way to exploit this by redirecting the funds to their own addresses.

Computer forensics specialist and founder of Bleeping Computers, Lawrence Abrahams recommends that users, “have an updated anti-virus solution installed to protect you from these types of threats. It is also very important that all cryptocurrency users double-check an address before completing a transaction.

 


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