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Home Alerts

Web3 Malware Threat Alert

February 23, 2024
Reading Time: 3 mins read
in Alerts

Since January 2024, a concerning surge in cyber threats has been observed, particularly targeting the burgeoning Web3 ecosystem and cryptocurrency assets. This new form of website malware, employing crypto drainers, has become increasingly prevalent, posing significant risks to both website owners and users alike. Cybercriminals utilize various tactics, such as injecting drainers directly into compromised websites or redirecting visitors to phishing sites, thereby compromising the safety of user assets. Notably, the emergence of malware like Angel Drainer has been linked to recent security breaches, including the December incident involving Ledger Connect Kit, indicating the sophistication and persistence of these malicious actors.

Analysis reveals a disturbing trend in the creation of over 20,000 unique Web3 phishing sites housing various crypto drainers by malicious actors in 2023 alone. The onset of 2024 has witnessed the initiation of multiple unrelated malware campaigns employing crypto drainers in website hacks, signaling a growing threat landscape. Of particular concern is the widespread deployment of Angel Drainer, detected on over 550 sites since February and found on 5,751 unique domains within four weeks, showcasing the scale and reach of these attacks. PublicWWW data further underscores the prevalence of this threat, with 432 sites currently identified as hosting the Angel Drainer injection.

The injection of crypto drainers into compromised websites represents a concerning escalation in cybercriminal tactics within the Web3 domain. Notably, these attacks transcend the realm of cryptocurrency and blockchain technology enthusiasts, targeting unsuspecting site visitors with the aim of compromising their digital assets. This shift in strategy towards monetizing traffic through Web3 technologies signifies a pivotal moment in cybercrime, as hackers exploit the online nature of these technologies to circumvent traditional security measures. Moving forward, proactive measures and heightened awareness are imperative to mitigate the escalating risks posed by these sophisticated malware campaigns.

Reference:
  • Web3 Crypto Malware: Angel Drainer – From Phishing Sites to Malicious Injections
Tags: Angel DrainerCryptocurrenciesCyber AlertCyber Alerts 2024Cyber RiskCyber threatCybersecurityFebruary 2024MalwareWeb3
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