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Variety of malware stealing bitcoins using exploited apps

Malware is increasingly targeting bitcoin, with users having login information remotely stolen to bitcoin exchanges and online wallets

| Hacking & Security News | Posted: Feb 28, 2014 6:16 pm

RSA 2014 - The bitcoin currency is extremely popular, and has become a great target for cybercriminals trying to steal a quick payday. Targeting Apple's OS X applications, the CoinThief Trojan is designed to steal bitcoins when hidden in pirated versions of mobile apps.

 

TweakTown image news/3/5/35861_01_variety_of_malware_targeting_bitcoin_theft_using_exploited_apps.jpg

 

The CoinThief malware was discovered earlier in the month, and works by installing a browser plugin that remotely steals login information used on bitcoin wallet and exchange sites.

 

There are currently more than 100 forms of bitcoin-stealing malware in the wild, available for purchase starting around $25, according to security experts. Underground forums provide an ideal location for cybercriminals to show their wares - and if you are able to gain access and become a trusted member of the community - it's possible to purchase customized malware for next to nothing.

 

The lure of bitcoin theft is appealing, as the cryptocurrency gains widespread adoption among businesses and companies worldwide.

NEWS SOURCESEscapistmagazine.com, Darkreading.com

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