World-renowned cybersecurity firm Cisco Talos recently revealed its threat intelligence team had uncovered a crypto malware campaign that is targeting UK investors.
The attack involves malicious software being used against British cryptocurrency investors, as well as those holding digital assets in other countries including the United States, Turkey and the Philippines.
British investors with concerns regarding the validity of an investment opportunity often seek out expert financial advice in Chester, Birmingham and other important cities. Impartial financial advisors like wealth managers have the experience to assess whether potential opportunities are legitimate or simply a scheme to steal funds, protecting their clients from harm.
The cybercriminals involved in the campaign are combining Laplas Clipper malware with MortalKombat ransomware to trick investors. The malicious scheme relies on target’s inattentiveness when they copy a sender’s wallet addresses.
Effectively, the hackers are detecting wallet addresses copied by investors and replacing them with different addresses. After the scheme is successful, they then use the ransomware to encrypt the victim’s files.
Cisco Talos has warned potential victims that the threat operators responsible for the attacks on investors typically send phishing emails to targets that have a cryptocurrency theme and a malicious attachment. If investors open the attached document, they will inadvertently launch the malware.
Cryptocurrency investors in the UK are also advised to double check their wallet addresses to avoid becoming victims of the attack campaign and to report any suspicious emails they receive to the authorities or their wealth manager.
