Bandit Stealer: The new malware menace in the cryptocurrency space

TL;DR Breakdown

  • Bandit Stealer is new malware targeting web browsers and crypto wallets.
  • It spreads via phishing emails and fake installers, collecting personal and financial data.
  • The rise of such malware underlines a thriving underground info-stealer market, raising cybersecurity concerns.

In a world increasingly dependent on digital transactions and cryptocurrencies, a new form of malware called “Bandit Stealer” has reared its head, threatening web browsers and cryptocurrency wallets. Trend Micro, a leading cybersecurity firm, has raised the alarm over this stealthy, info-stealing malware developed using the Go programming language. This language choice suggests potential cross-platform compatibility, expanding the malware’s potential reach in the future.

A calculated malware approach

Bandit Stealer’s sophisticated programming allows it to function undetected on Windows systems by manipulating a legitimate Windows command-line utility program, “runas.exe.,” according to Trend Micro’s report. This maneuver enables Bandit Stealer to execute itself with administrative access, bypassing built-in security measures. However, Microsoft’s stringent access control mitigations have successfully thwarted unauthorized execution thus far, requiring proper credentials for administrator-level operations.

The malware operates with guile and precision. Bandit Stealer initiates a series of checks to ascertain whether it’s operating within a sandbox or testing environment. To cover its tracks and establish a persistent presence, it terminates processes associated with anti-malware solutions and modifies the Windows Registry. This groundwork allows it to launch a sweeping data collection spree, hoarding a wide array of information that ranges from personal and financial data stored in web browsers to crypto wallet details.

The expanding underground info-stealer market

Bandit Stealer’s propagation typically begins with phishing emails. These malicious emails contain a dropper file that opens a seemingly harmless Microsoft Word attachment, distracting while the malware quietly infects the system in the background. Alarmingly, it has also been distributed through fake installers, tricking users into unwittingly launching the malware.

This stealthy malware enters an evolving cybersecurity landscape where info-stealer marketplaces are booming. An explosive 670% increase in stolen logs available on underground forums was reported between June 2021 and May 2023. Cybersecurity experts suggest that Bandit Stealer’s emergence underscores the continuing evolution of stealer malware, propelled by the malware-as-a-service (MaaS) market.

“An entire underground economy and supporting infrastructure have developed around info-stealers, making it possible but potentially lucrative for relatively low-skilled threat actors to get involved,” warns Don Smith, vice president of Secureworks CTU.

The cryptocurrency space is on high alert as Bandit Stealer threatens digital security. The broad-reaching implications of the data these stealers collect — from identity theft, financial gain, and data breaches to credential stuffing attacks and account takeovers — reaffirm the necessity for enhanced cybersecurity measures in a digital age.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Bandit Stealer: The new malware menace in the cryptocurrency space

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月31日 04:00
Next 2023年5月31日 08:07

Related articles

  • Cardano price analysis: ADA rallies to $0.3790 as bulls continue progress

    TL;DR Breakdown Cardano price analysis is bullish today ADA is trading at $0.3790, up by 0.22 per cent Resistance and support stand at $0.3859 and 0.3764, respectively The latest Cardano price analysis indicates that bulls are continuing to make progress. The buying pressure has pushed ADA up to $0.3790, a 0.22 per cent increase in the last 24 hours. ADA opened today’s trading session at $0.3774 and moved higher to face resistance at $0.3859 before retracing slightly below the $0.3800 level. The bulls are currently facing resistance at the $0.3859 mark, which is expected to be broken in the near term if buyers can stay strong enough. On the other hand, support stands at $0.3764, which has successfully defended the price from dropping further. If this support fails to hold, ADA could be vulnerable to a correction lower towards $0.3650 and even $0.3500. Cardano price analysis 1-day chart: Can ADA overcome resistance at the $0.3900 mark? On the daily chart, Cardano price analysis indicates that bulls have pushed ADA above the $0.3800 level and are now facing strong resistance toward…

    Article 2023年6月2日
  • De-dollarization will be a priority talk at BRICS meeting

    TL;DR Breakdown The upcoming BRICS summit in Johannesburg, South Africa, will discuss de-dollarization, a move away from the U.S. dollar in global trade. The Brazilian President, Luiz Inacio Lula da Silva, supports the use of national currencies and a potential BRICS common currency, like the euro. The BRICS bank is seen as an alternative financial institution, reducing dependency on Western-based financial mechanisms. Description As the world watches the shifting landscape of international finance, a crucial conversation is looming on the horizon. At the forefront of this dialogue is the forthcoming BRICS summit scheduled to take place in Johannesburg, South Africa, from August 22-24. This coalition, composed of Brazil, Russia, India, China, and South Africa, is predicted to place … Read more As the world watches the shifting landscape of international finance, a crucial conversation is looming on the horizon. At the forefront of this dialogue is the forthcoming BRICS summit scheduled to take place in Johannesburg, South Africa, from August 22-24. This coalition, composed of Brazil, Russia, India, China, and South Africa, is predicted to place de-dollarization high on its…

    Article 2023年6月27日
  • UN Secretary-General champions the regulation of AI technology

    TL;DR Breakdown UN Secretary-General has called for the regulation of generative AI amid concerns over misuse. European Parliament passes AI technology legislation. Generative AI, the latest form of artificial intelligence, has ignited high-level discussions among world leaders, prompting the UN Secretary-General António Guterres, to join the growing chorus of voices advocating for the regulation of this technology. Guterres expressed deep concern over the potential dangers posed by generative AI, comparing it to the existential threat of nuclear war. UN Secretary-General proposes the regulation of AI technology In a press conference held on Monday, Guterres highlighted the alarming warnings from scientists and experts about the risks associated with AI. He emphasized the need for swift action and urged the international community to take these warnings seriously. To address this issue, Guterres announced his intention to establish an AI advisory board comprising experts and scientists from the International Telecommunication Union (ITU) and the Educational, Scientific, and Cultural Organization (UNESCO). Coinciding with Guterres’ statements, the United Nations released a report titled “Information Integrity on Digital Platforms,” which underscored the importance of responsible AI…

    Article 2023年6月18日
  • SUI caught copying Aptos’ code – Details

    TL;DR Breakdown SuiSwap (SUI), an emerging DeFi platform, has been accused of copying metadata from the established AptosSwap, raising questions about SUI’s originality. The allegations were sparked by Alex who also noted the upcoming IDO of SUI, which could potentially value SuiSwap at $200 million FDV. A recent storm has erupted in the crypto community, surrounding a curious case of alleged intellectual property theft involving SuiSwap, the rising DeFi platform. Noted for a striking similarity in its software metadata to the established AptosSwap, concerns have been raised about the originality of SUI’s software, with suggestions of copy-and-pasting rampant. Puzzling parallels between SUI and Aptos The spotlight fell on SUI when Alex, a crypto trader and Twitter personality, drew attention to the striking resemblance between the metadata of SUI and AptosSwap. This unexpected revelation triggered an avalanche of queries and suspicions about the authenticity of SUI’s work. With a swift dive into the matter, it became apparent that SUI’s developers failed to alter the metadata for their site, a slip that has raised more than a few eyebrows in the blockchain…

    Article 2023年6月3日
  • Terra Classic’s  bid to combat spam

    TL;DR Breakdown This proposal revolves around increasing the minimum deposit requirement on the Terra Classic chain, which currently stands at one million Terra Luna Classic (LUNC), an equivalent of approximately $57.23. The rationale behind this proposal lies in the depreciation of both $LUNC and $USTC prices.  Description The Terra Classic community finds itself grappling with challenges and has put forth a proposal aimed at addressing some pressing issues within the Terra Classic chain. Specifically, this proposal revolves around increasing the minimum deposit requirement on the Terra Classic chain, which currently stands at one million Terra Luna Classic (LUNC), an equivalent of approximately … Read more The Terra Classic community finds itself grappling with challenges and has put forth a proposal aimed at addressing some pressing issues within the Terra Classic chain. Specifically, this proposal revolves around increasing the minimum deposit requirement on the Terra Classic chain, which currently stands at one million Terra Luna Classic (LUNC), an equivalent of approximately $57.23. This proposal, known as Parameter Change Proposal #11780, identifies a significant uptick in spam proposals on the blockchain as…

    Article 2023年9月12日
TOP