New malware drains crypto funds! Alert from Trustwave Spiderlabs
Trustwave Spiderlabs researchers have recently issued a warning about a new strain of malware draining cryptocurrency funds from digital wallets. The malware, known as Rilide, has already been detected in the wild and is believed to have infected several cryptocurrency users.
Key Takeaways:
- Rilide is a new malware targeting cryptocurrency users, capable of stealing private keys and draining digital wallets.
- Rilide is designed to appear like a legitimate Google Drive extension, making it difficult to detect.
- To protect themselves, cryptocurrency users should download apps from trusted sources, use strong passwords, enable two-factor authentication, and regularly check their wallets for unauthorized transactions.
- Malwarebytes can be used to protect devices from Rilide.
- Rilide highlights the need for cryptocurrency users to remain cautious and vigilant about cybersecurity.
This malware allows threat actors to conduct a wide range of malicious activities, including monitoring the browsing history of victims, taking screenshots of their activities, and injecting harmful scripts to withdraw funds from various cryptocurrency exchanges.
The Rilide malware is particularly dangerous because it is designed to appear like a legitimate Google Drive extension, making it difficult for users to detect its presence on their devices.
Once installed, the malware operates in the background, giving the threat actors complete access to the victim’s device and their online activities.
GEM HOLDERS News & Marketing Co. took to Twitter to make an announcement, sharing important news with her followers that Trustwave Spiderlabs, a leading cybersecurity firm, has recently warned about a new strain of malware known as Rilide.
It’s being used by cybercriminals to steal funds from cryptocurrency exchanges. This is particularly concerning given the recent surge in cryptocurrency investments and the increasing popularity of digital wallets.
According to the researchers, the malware primarily targets users of the Ethereum cryptocurrency, which is currently the second-largest cryptocurrency by market capitalization. The malware is capable of stealing users’ private keys and draining their digital wallets, leaving them with no way to recover their funds.
Bitcoin News took to Twitter to make an announcement, sharing important news with her followers that Pawel Knapczyk and Wojciech Cieslak, security researchers at Trustwave SpiderLabs, have warned cryptocurrency users to never assume that any content on the internet is safe, even if it appears to be.
This warning comes after the discovery of a new strain of malware that is specifically designed to drain cryptocurrency funds from users’ wallets.
Cieslak and Knapczyk argue that although measures such as the forthcoming implementation of manifest v3 may pose some obstacles for cybercriminals, they may not be sufficient to completely eradicate the problem since Rilide can still utilize most of its functionalities.
To protect themselves from malware such as Rilide, cryptocurrency users are advised to take a number of precautions.
- Firstly, they should ensure that they only download applications from trusted sources and verify that the application is legitimate before installing it.
- Secondly, they should use strong, unique passwords and enable two-factor authentication wherever possible.
- Finally, they should regularly check their cryptocurrency wallets for any unauthorized transactions and report any suspicious activity to the relevant authorities.
Additionally, Malwarebytes is a well-known anti-malware software that can be used to protect devices from malware attacks, including threats like Rilide. Users can install and run Malwarebytes on their devices to scan for and remove any malicious software that may be present.
The emergence of Rilide serves as a timely reminder of the need for cryptocurrency users to remain vigilant when it comes to cybersecurity.