Digital Security
Hey there, crypto enthusiasts! With the surge in detections of cryptostealers across Windows, Android, and macOS, it’s crucial to brush up on how to protect your precious bitcoin and other cryptocurrencies.
09 Jan 2025
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5 min. read
Exciting times for Bitcoin, right? Breaking records and hitting over $100,000 for the first time in history. But with this surge in value comes a rise in scams and malware aiming to swipe your crypto. ESET’s latest Threat Report shows a 56% increase in cryptostealer detections from H1 to H2 2024. Let’s dive into the latest threats and how you can safeguard your digital assets.
Why are cybercriminals so drawn to crypto? The FBI received a whopping 69,000 complaints about cryptocurrency-related financial fraud in 2023, resulting in losses of $5.6 billion. The appeal lies in the decentralized nature, fast transactions, and global accessibility of virtual currency, making it a prime target for criminals.
What crypto threats should you watch out for?
The latest ESET Threat Report sheds light on the following:
- macOS saw a 127% increase in Password Stealing Ware (PSW), targeting crypto wallet credentials. The rise was fueled by a malicious ad-driven malware called AMOS.
- Windows faced a surge in cryptostealers driven by Lumma Stealer variants.
- Android banking trojans now incorporate cryptostealer functionality, contributing to a 20% rise in Android Financial threats.
The first half of 2024 also unveiled some intriguing developments:
- GoldPickaxe malware targeting crypto wallet owners and southeast Asian financial services customers, capable of generating deepfake videos for authentication bypass.
- Ebury botnet evolving to steal cryptocurrency wallets from servers through adversary-in-the-middle attacks.
- Rise in Vidar infostealer activity, distributed through malicious installers via social media and dark web channels.
- Gamers being targeted with crypto-stealing malware hidden in game cheats and cracked software.
- Phishing remains a prevalent method to access crypto-assets, accounting for 8% of observed phishing sites in H1 2024.
Aside from malware and phishing, scammers have devised various tactics to swindle your crypto. Stay cautious and follow these tips to protect your assets:
- Diversify your crypto storage across multiple wallets, especially cold wallets for added security.
- Enable two-factor authentication (2FA) on all your crypto accounts.
- Avoid using public Wi-Fi and keep your devices updated with security patches.
- Utilize a VPN for enhanced online security.
- Download software only from reputable sources and regularly monitor your accounts for suspicious activity.
- Stay vigilant against scams, whether in the form of phishing messages or unrealistic investment opportunities.
The rise in crypto-related crimes is a stark reminder to stay proactive in safeguarding your digital assets. Stay informed, stay safe!
