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Russian State-Sponsored Malware Targets Crypto Wallets and Exchanges

  1. Home
  2. Bobs-News Categories Cryptocurrency Regulations
  3. Russian State-Sponsored Malware Targets Crypto Wallets and Exchanges
europe 712 crypto neutral
  • bob
  • 2023-09-04
  • Cryptocurrency Regulations
  • Europe
  • Financial Scams and Security
  • Government Policies and Cryptocurrency Adoption
The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC) have released a joint report warning users to be vigilant against a recently discovered malware that is targeting crypto wallets and exchanges.The advisory report revealed a malware campaign conducted by Russian cyber actors against the Ukrainian military. The malware, known as Infamous Chisel, is designed to target Android devices used by Ukrainian military personnel and allows unauthorized access to compromised devices. It is engineered to scan files, monitor network traffic, and periodically extract sensitive data from breached mobile devices. It has been linked to the operations of Sandworm, a cyberwarfare unit working under the GRU, Russia’s military intelligence agency.The stolen data includes information from directories of Binance and Coinbase exchange applications, as well as the Trust Wallet app. All files within these listed directories are being exfiltrated indiscriminately, regardless of their file type.CISA Executive Assistant Director for Cybersecurity Eric Goldstein said that the US government has been calling out Russian actors who have been involved in various malicious cyber activities aimed at US and allied partners for “cyber espionage and potential disruptive actions.”The report also found that the components of Infamous Chisel exhibit a low to medium level of sophistication and seem to have been created with minimal attention to evading detection or concealing malicious actions.In addition, fundraising groups in Russia have managed to raise $20 million in cryptocurrencies despite sanctions imposed by the US and other countries. Most of the funds were traced to centralized crypto exchanges, as well as DeFi protocols, including cross-chain bridges, NFT services, and DEXes.The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC) have released a joint report warning users to remain vigilant against a recently discovered malware targeting crypto wallets and exchanges. The advisory report unveiled a malware campaign conducted by Russian cyber actors against the Ukrainian military. The malware, known as Infamous Chisel, is designed to target Android devices used by Ukrainian military personnel and allows unauthorized access to compromised devices. It is engineered to scan files, monitor network traffic, and periodically extract sensitive data from breached mobile devices. It has been linked to the operations of Sandworm, a cyberwarfare unit working under the GRU, Russia’s military intelligence agency.The stolen data includes information from directories of Binance and Coinbase exchange applications, as well as the Trust Wallet app. All files within these listed directories are being exfiltrated indiscriminately, regardless of their file type. CISA Executive Assistant Director for Cybersecurity Eric Goldstein said that the US government has been calling out Russian actors who have been involved in various malicious cyber activities aimed at US and allied partners for “cyber espionage and potential disruptive actions.”The report also discovered that the components of Infamous Chisel exhibit a low to medium level of sophistication and seem to have been created with minimal attention to evading detection or concealing malicious actions. Furthermore, fundraising groups in Russia have managed to raise $20 million in cryptocurrencies despite sanctions imposed by the US and other countries. Most of the funds were traced to centralized crypto exchanges, as well as DeFi protocols, including cross-chain bridges, NFT services, and DEXes.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇺🇦 🇺🇸 🇬🇧
Sentiment neutral
Relevance Score 8
People Coinbase., Eric Goldstein, Sandworm, Binance, GRU
Companies CISA Executive Assistant Director for Cybersecurity Eric Goldstein, Sandworm, PrimeXBT, NSA, Binance, FBI, NCSC, Coinbase, GRU, Trust Wallet, CISA
Currencies Coinbase Wrapped Staked ETH, Binance USD, Ethereum, Bitcoin, Trust Wallet
Securities None

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