Malware Costing Just 160 Attempts Crypto Theft from 72000 Devices

Malware Costing Just $160 Attempts Crypto Theft from 72,000 Devices

                               

Researchers believe a malware botnet that costs just $160 has interacted with potentially 2,000 machines per week

in attempts at stealing crypto wallets and personal information. Prevailion, the U.S.-based cybersecurity management provider, posted an article on its blog detailing how MasterMana Botnet has likely been active since December 2018 and was still active as late as September 24. With the potential to hit 2,000 machines a week, the botnet may, therefore have interacted with more than 72,000 devices this year.

Cyber Bingo Full House

Authors Danny Adamitis and Matt Thompson described MasterMana Botnet as an "ongoing cyber-crime campaign that hits all of the cyber bingo buzzwords: business email compromise, backdoors, and cryptocurrency wallets". Once victims opened the phishing email it would reveal an infected document attachment. Opening this document would then release the bot designed to steal usernames, passwords, cookies, web history and cryptocurrency wallets. The authors underlined the irony of such a threat: malware that costs just $100, and launched over a $60 virtual private server (VPS) was sophisticated enough to avoid detection from security systems that are becoming ever-more expensive.

They added:

While most companies fear they may become compromised by advanced actors, this particular report highlights that actors do not have to rely on advanced tools or techniques to have a serious business impact.

Article Produced By
Neil Dennis

Neil is a veteran financial journalist, but a relative newcomer to the land of cryptocurrencies and blockchain and brings a critical, yet fascinated, eye to the digital asset market.

https://www.cryptoglobe.com/latest/2019/10/malware-costing-just-160-attempts-crypto-theft-from-72000-devices/

Related articles

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences

3 Altcoins That Are Outperforming Bitcoin and Will Likely Face Consequences                                   The crypto market is going through a period of massive recovery in the past few months, which has caused the investors’ optimism to return. While all eyes are on Bitcoin (BTC), as usual, the […]

Learn More

How China Is Waging All-Out War Against Bitcoin Trading

How China Is Waging All-Out War Against Bitcoin Trading                                      As bitcoin has gained traction over its decade-long existence, it has attracted quite a number of adversaries and fans in equal measure. One of the most notable powerful antagonists is the second-largest economy in the world, China, which has relentlessly expressed its […]

Learn More

Can Bitcoin Be A Good Future Investment?

Can Bitcoin Be A Good Future Investment?                                Bitcoin has suffered a lot in 2017. Its price dropped from an all-time high of $19,783.06 on December 17, 2017 down to just $3,747on January 1, 2019. That’s an 81% drop in a span of 12 months. Bitcoin’s value during that period suffered a lot because of […]

Learn More

Leave a Reply

Your email address will not be published. Required fields are marked *