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Crypto wallets may be at risk after malware targeting 2FA is detected

Posted on November 1, 2022 by admin

Crypto wallets may be at risk after malware targeting 2FA is detected

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Answer Crypto wallets may be at risk after malware targeting 2FA is detected

There is now a new malware called “Cerberus” that targets Android smartphones by stealing passwords provided by the Google Authenticator, according to a new cybersecurity report prepared by the threat.

As reported by the research group, Cerberus can do something that very few other Trojans can do: tamper with the Google Authenticator app and steal its one-time codes that are often used to secure access to Bitcoin wallets or crypto-exchange accounts. encrypted digital.

So far, this Google app is believed to be the best protection and much more efficient than SMS-based security codes.

The ThreatFabric report says that recent versions of the Trojan have improved significantly and that its functionality is now close to that of remote-running Trojans. The latter is believed to be a very powerful type of malware.

Read:Zilliqa announces a new partnership to launch a security token platform

Researchers say that so far, a warning about a Trojan upgrade has not been shared on hacker forums, and this may happen in the near future.

Read also:

$45 Million Worth of Bitcoin and Bitcoin Cash Stolen by SIM Hacking

North Korea used LinkedIn and Telegram to hack cryptocurrency exchanges


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