Tuesday, September 10, 2024
HomeBotnetNewly Emerging DDoS Botnet Attack on Electrum Takes 152,000 Hosts Under...

Newly Emerging DDoS Botnet Attack on Electrum Takes 152,000 Hosts Under its Control

Published on

Newly Emerging DDoS botnet attack that targets one of the most popular bitcoin wallet Electrum and now it reaches the 152,000 infected hosts.

This DDoS Botnet rapidly growing and takes many hosts Under its control since April 24 when the number of infected machines in the botnet was just below 100,000 but its keep increasing and finally reaches the 152k hosts according to the online tracker report.

Electrum users are continuously targeting by a series of phishing attacks since last Dec 2018 and stolen over $4 million USD at current exchange rates.

- Advertisement - EHA

Due to the weakness in the Electrum software, attackers able to trick users into downloading a malicious version of the wallet from two different rogue projects were active on Github from around December 21 through December 27.

hxxps://github.com/electrum-project/electrum/releases/tag/3.4.1
hxxps://github.com/electrum-wallet/electrum/releases
Fake update

But developers behind the Electrum decided to exploit the same flaw in their own software in order to redirect users to download the latest patched version.

Later this incident, threat actors were started to attack the legitimate Electrum servers that lead to overwhelmed the vulnerable clients that connected to malicious nodes.

Researchers from Malwarebytes uncovered the two distribution campaigns (RIG exploit kit and Smoke Loader) that associate with this botnet dropping the ElectrumDoSMiner malware.

Along with this, another loader called Trojan.BeamWinHTTP also involved with this attack that downloading ElectrumDoSMiner from a remote server.

According to Malwarebytes report, “As can be seen in the VirusTotal graphs above and below, there are hundreds of malicious binaries that retrieve the ElectrumDoSMiner. We surmise there are probably many more infection vectors beyond the three we’ve uncovered so far”

Attackers mainly targeting the Asia Pacific region (APAC), especially most bots are located in Brazil and Peru.

You can follow us on LinkedinTwitterFacebook for daily Cybersecurity updates also you can take the Best Cybersecurity courses online to keep your self-updated.

Also Read:

Hackers Offered IoT Botnet as Service “TheMoon” : Botnet-as-a-Service

Hackers Exploiting ThinkPHP Vulnerability To Expand Hakai and Yowai Botnets

New Hacking Group Outlaw Distributing Botnet to Scan The Network & Perform Cryptocurrency-Mining & Brute-Force Attack

Outlaw Hacking Group Using Command Injection Flow To Attack Organizations Network using Botnet via C&C Server

Balaji
Balaji
BALAJI is an Ex-Security Researcher (Threat Research Labs) at Comodo Cybersecurity. Editor-in-Chief & Co-Founder - Cyber Security News & GBHackers On Security.

Latest articles

Chinese Hackers Using Open Source Tools To Launch Cyber Attacks

Three Chinese state-backed threat groups, APT10, GALLIUM, and Stately Taurus, have repeatedly employed a...

Small Business, Big Threats: INE Security Launches Initiative to Train SMBs to Close a Critical Skills Gap

As cyber threats grow, small to medium-sized businesses (SMBs) are disproportionately targeted. According to...

Researchers Details Attacks On Air-Gaps Computers To Steal Data

The air-gap data protection method isolates local networks from the internet to mitigate cyber...

Beware Of Malicious Chrome Extension That Delivers Weaponized ZIP Archive

In August 2024, researchers detected a malicious Google Chrome browser infection that led to...

Free Webinar

Decoding Compliance | What CISOs Need to Know

Non-compliance can result in substantial financial penalties, with average fines reaching up to $4.5 million for GDPR breaches alone.

Join us for an insightful panel discussion with Chandan Pani, CISO - LTIMindtree and Ashish Tandon, Founder & CEO – Indusface, as we explore the multifaceted role of compliance in securing modern enterprises.

Discussion points

The Role of Compliance
The Alphabet Soup of Compliance
Compliance
SaaS and Compliance
Indusface's Approach to Compliance

More like this

FBI Warns that North Korean Hackers Aggressively Attacking Employees of Crypto Companies

The FBI has issued a stark warning to cryptocurrency companies, highlighting increased sophisticated cyberattacks...

Researchers Detailed Russian Hacktivist/State Hackers Tactics

The People's Cyber Army of Russia is a Russian hacktivist group known for its...

Russian National Arrested for Laundering Crypto Payments from Lazarus Group

Argentine authorities have arrested a Russian national accused of laundering cryptocurrency payments linked to...