Categories: Malware

Malicious Hackers Selling Malware’s Targeting Bitcoin ATMs in the Dark Web Forums

As the popularity of cryptocurrencies increases attackers shifted the threat landscape cryptocurrencies, they try to exploit all the possible methods to mine and steal cryptocurrencies.

Security researchers from Trend Micro spotted Bitcoin ATM malware through underground forums that allow the user’s to steal bitcoins worth up to 6,750 in U.S. dollars. The malware sold by the dark web user or US$25,000.

Bitcoin ATM

Bitcoin ATM differs from the traditional ATM, it does not connect to a bank account, instead, it connects to the cryptocurrency exchange platform’s that used to buy and sell the cryptocurrencies.

As of now there 3,500 bitcoin ATMs installed around the world, among that 74% in North America. Users can access these ATMs to access the wallets used to store digital currencies by scanning the wallet address or its QR code.

Source : coinatmradar

Bitcoin ATM malware

Researchers spotted an established user offering Bitcoin ATM malware for sale in the underground forums that include the ready-to-use card with EMV and NFC payments support.

The malware is designed to exploit a service vulnerability that allows the user’s to receive bitcoins worth up to 6,750 in U.S. dollars. the seller advertised as “operation does not require any physical access and can be maintained as a normal purchase. Includes the multilanguage manual and Jabber support”

With further analysis, it reveals that the seller offers ATM malware at a regular basis and details on how the malware works and how to exploit the vulnerability.

Also, the researchers spotted the seller offers a range of financial-related malware and compromised accounts and keep on expanding his waves.

Since the start of 2018, those with one eye on the crypto world have noted one thing: coin hacks are becoming more common. As Bitcoin’s value raced towards the $10,000 mark towards the end of 2017, the risk/reward ratio for cybercriminals was too great to ignore.

Since from the start of 2018, the coin hacks are becoming more common. The Bitcoin’s value reached $10,000 mark towards the end of 2017 increases the ratio for cybercriminals was too great to ignore.

Also Read:

Hackers using .NET Malware Called “Evrial” to steals Bitcoins by Abusing the clipboard

North Korean Hacking Group “Lazarus” Targeting Banks & Bitcoin Users Via Sophisticated Malware

New Clipboard Malware Monitors the Windows Clipboard for Cryptocurrency Addresses and Replace its Own Address

Gurubaran

Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

Recent Posts

Blue Yonder Ransomware Attack Impacts Starbucks & Multiple Supermarkets

A ransomware attack on Blue Yonder, a leading supply chain management software provider, has created…

50 minutes ago

Dell Wyse Management Suite Vulnerabilities Let Attackers Exploit Affected Systems Remotely

Dell Technologies has released a security update for its Wyse Management Suite (WMS) to address…

1 hour ago

CISA Details Red Team Assessment Including TTPs & Network Defense

The Cybersecurity and Infrastructure Security Agency (CISA) recently detailed findings from a Red Team Assessment…

1 hour ago

IBM Workload Scheduler Vulnerability Stores User Credentials in Plain Text

IBM has issued a security bulletin warning customers about a vulnerability in its Workload Scheduler…

2 hours ago

Multiple Flaws With Android & Google Pixel Devices Let Attackers Elevate Privileges

Several high-severity vulnerabilities have been identified in Android and Google Pixel devices, exposing millions of…

2 hours ago

Threat Actors Exploit Google Docs And Weebly Services For Malware Attacks

Phishing attackers used Google Docs to deliver malicious links, bypassing security measures and redirecting victims…

18 hours ago