Several U.S. and U.K. intelligence agencies have published a joint report warning users about a new malware called “Infamous Chisel,” that targets cryptocurrency wallets and exchanges on andriod devices.
A report issued by government agencies in the United States and the United Kingdom warns users of new malware that targets cryptocurrency wallets and exchanges.
The U.S. National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the U.K.’s National Cyber Security Centre (NCSC), which is part of the Government Communications Headquarters (GCHQ), released a joint report about the malware known as “Infamous Chisel.”
According to the report, the malware has been linked to Sandworm, a cyberwarfare unit working for Russia’s military intelligence agency, the GRU.
The joint report also revealed that Sandworm has been targeting the Android devices of the Ukrainian military, extracting data from compromised mobile devices using new malware.
According to the report, the malware extracted data from the directories of the Binance and Coinbase exchange applications and the Trust Wallet application. According to the report, every file form in the listed directories is being exfiltrated.
The joint report also noted that the components of the Infamous Chisel were developed with little regard for the “concealment of malicious activity.” The malware lacks techniques for concealing its actions.
According to the report, this may be due to the absence of host-based detection systems on Android devices.
In 2023, nearly $1 billion has been lost to exploits, breaches, and fraud. The blockchain security company CertiK reported on September 1 that approximately $997 million had been lost this year.
In August, approximately $45 million was lost due to such attacks. Despite the amount, the month’s losses were substantially less than before. In July, malevolent attacks caused the loss of over $486 million in digital assets.
