Categories: Cryptocurrency hack

17 year old school boy arrested for Creating Malware that steals Cryptocurrency Wallet Private key passwords

A 17-year-old schoolboy arrested by Japanese police expecting to be the author of a Malware that steals Cryptocurrency Monacoin wallet Private key passwords. He targetted Monacoin a cryptocurrency based on Japanese text and it is quite familiar in Japan.

“Japanese police said he created the malware last year October to steal the cryptocurrency wallet passwords and transfer currencies to another account. He is partially denying the charges saying it was intentional.”

Authorities stated that the trojanized app is a bulletin board to view the Monacoin currency exchange rate in real time. Reported Mainichi.

An employee (31) in Edogawa-Ku, Tokyo downloads and install the app immediately after the boy’s post, later he noticed 170 Monacoin (equivalent to about 15,000 yen at that rate) was stolen from his account.

Last month Kane Gamble who is the leader of the hacking group “Crackas With Attitude” used social engineering methods to pose as a CIA director John Brennan’s and to gain unauthorized access to Extremely Sensitive accounts.

Fappening Hacker George Garofano,26 plead guilty in Federal court for conducting a Spear Phishing attack to obtain the username and password of Celebrities iCloud accounts.

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

CISA Alerts on Active Exploitation of Cisco Small Business Router Flaw

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) issued an urgent warning on March 3,…

14 minutes ago

Threat Actors Exploiting AES Encryption for Stealthy Payload Protection

Cybersecurity researchers have uncovered a surge in the use of Advanced Encryption Standard (AES) encryption…

11 hours ago

33.3 Million Cyber Attacks Targeted Mobile Devices in 2024 as Threats Surge

Kaspersky's latest report on mobile malware evolution in 2024 reveals a significant increase in cyber…

11 hours ago

Routers Under Attack as Scanning Attacks on IoT and Networks Surge to Record Highs

In a concerning trend, the frequency of scanning attacks targeting Internet of Things (IoT) devices…

11 hours ago

Google Launches Shielded Email to Keep Your Address Hidden from Apps

Google is rolling out a new privacy-focused feature called Shielded Email, designed to prevent apps and…

16 hours ago

Hackers Using PowerShell and Microsoft Legitimate Apps to Deploy Malware

Cybersecurity experts are warning of an increasing trend in fileless attacks, where hackers leverage PowerShell…

18 hours ago