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After ransomware, cryware is the emerging danger

2022-05-21T12:57:55.296Z


After ransomware, there is another cyber threat spreading. It is cryware, a new form of attack that targets cryptocurrency wallets. (HANDLE)


(ANSA) - ROME, MAY 21 - After ransomware, there is another cyber danger that is spreading.

They are cryware, a new form of attack that targets cryptocurrency wallets.

The alarm was raised by a report from the Microsoft security team, which explains how numerous thefts have occurred and that the threat will be increasingly concrete in the coming months.

Percryware refers to different types of attacks that target e-money wallets such as icryptojacker, which drain the victim's device's energy resources to produce virtual currency, but also iClipBanker, which steal digital currency during transactions.


    Attracting hackers is an increasingly growing sector, despite the downward fluctuations, in this period, of many electronic currencies, primarily bitcoin.


   According to Microsoft 365 Defender Research, the emerging threat "collects and exfilters data directly from cryptocurrency wallets stored locally on a device," the so-called 'hot wallets' that provide "easier access to the cryptographic keys needed to perform transactions."

Unfortunately for users, in the event of theft, the damage is irreversible as blockchain transactions cannot be changed even if they are made without the consent of the legitimate user.

(HANDLE).


Source: ansa

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