US and British intelligence agencies are warning of new malware targeting cryptocurrency wallets

An advisory report issued by US and British government agencies has warned users to be wary of new malware used to attack cryptocurrency wallets and platforms.

The US National Security Agency (NSA), the Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the UK’s National Cyber ​​Security Center (NCSC), part of the Government Communications Headquarters (GCHQ), collaborated on Publishing For a joint report on malware called “Infamous Chisel”.

According to the report, the malware is linked to activities Sandworm, an electronic warfare unit operating under the GRU, Russia’s military intelligence agency. The joint report also noted that Sandworm targeted its attacks at Ukrainian military Android devices, using the new malware to extract information from compromised mobile devices.

The report indicated that some of the information extracted by the malware included data within the directories of the Binance and Coinbase applications, in addition to the Trust Wallet application. According to the report, every file in the directory listings is filtered, regardless of its type.

The joint report also indicated this Infamous Chisel components were developed with little regard for “hiding malicious activity”. Malware lacks stealth technologies to hide its activities. However, this may be due to the lack of host-based detection systems for Android devices, according to the report.

Meanwhile, they have approx Nearly $1 billion lost to exploits, hacks, and scams in 2023. On September 1, blockchain security firm CertiK reported that about $997 million has been lost so far this year. In the month of August alone, about $45 million was lost from such attacks. Despite this amount, the losses were much less than the previous month. In July, more than $486 million in digital assets were lost due to malicious attacks.

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