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Hackers Use Russian Malware for Launching Botnet Attack on Virtual Coin Wallets

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,

He also 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,

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.