Thousands of users have been victims of fake apps targeting their cryptocurrency, according to a press report Spread Recently.

These fraudulent applications carry malware that infiltrate the devices they are installed on and steal information, including keys to cryptocurrency wallets.

Intezer Labs, a company specialized in security protection and vulnerability detection, has published a report containing a number of details about malicious programs and applications.

The report bears the name “ElectroRAT” and reveals malware, including new ones that spread in December 2020 and programs dating back to January 2020.

The report included references to three programs targeting cryptocurrency theft, and were developed to work on different operating systems from Windows, Mac and Linux.

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These programs are called:

“Jamm”, “eTrade” (or Kintum), and “DaoPoker”.

Intezer’s report describes the exploit as extremely dangerous, as it is able to record keyboard typing, download and execute files, upload files, and take screenshots without the user’s knowledge.

Intezer also explains in its report that these programs are being promoted and distributed via cryptocurrency groups and Twitter.

According to the same report, at least 6,500 users have been affected by this malware.

The counterfeit software was created using the application building platform Electron and coded from scratch in the “Go” language, rather than using ready-to-use malicious code.

According to Intezer Labs, using Go likely makes it easier for creators to develop rapid versions for multiple platforms, while ZDNet notes that the complexity of the language makes malware analysis and detection more difficult.

Intezer Labs commented about building these programs from scratch by saying:

Writing malware from scratch allowed programs to fly under the radar for about a year without being detected by antivirus software.

If you have used any of these fraud programs mentioned above, “Intezer”, you should immediately transfer your cryptocurrency to another secure device and change the passwords, and better reformat the entire device to get rid of this malware drastically.

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Read also:

How to protect the computer used for cryptocurrency trading

Explanation of the method of trading digital currencies outside the trading platforms via the “Switcheo” network