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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

By: Michael Hatamoto from Feb 28, 2014 @ 12:16 CST

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.

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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.

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