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Microsoft has issued a warning about a newly discovered Trojan targeting cryptocurrency wallets through malicious Chrome extensions. The malware, which has infected at least 20 different wallet-related browser extensions, is designed to steal digital assets by intercepting and modifying transactions.
How the Trojan Operates
The Trojan infiltrates users’ browsers by disguising itself as legitimate extensions or injecting malicious code into existing ones. Once installed, it gains access to wallet credentials, private keys, and transaction data, allowing attackers to redirect funds without the user’s knowledge.
According to Microsoft’s cybersecurity team, the malware specifically targets popular crypto wallets, including MetaMask, Coinbase Wallet, Trust Wallet, and others. It operates by monitoring clipboard activity, replacing wallet addresses with those controlled by hackers, and even altering transactions in real time.
Who Is at Risk?
The attack primarily affects users who download extensions from unofficial sources or fall victim to phishing scams that trick them into installing compromised software. Given the increasing reliance on browser-based wallets, this Trojan poses a significant threat to crypto holders and traders.
Microsoft has advised users to be cautious when installing browser extensions, only download from official stores, and enable multi-factor authentication (MFA) on their accounts. Additionally, keeping antivirus software updated and regularly scanning for malware can help detect and remove potential threats.
Microsoft’s Recommendations
To protect against this evolving threat, Microsoft recommends the following precautions:
- Use Official Sources: Only install browser extensions from verified marketplaces such as the Chrome Web Store.
- Monitor Transactions: Double-check wallet addresses before confirming transactions to avoid redirection by malware.
- Enable Security Features: Activate multi-factor authentication and use hardware wallets for added security.
- Keep Software Updated: Ensure browsers, extensions, and security software are regularly updated to patch vulnerabilities.
The Growing Threat to Crypto Security
The rise of malware targeting cryptocurrency users highlights the ongoing risks in the digital asset space. Hackers continue to develop sophisticated methods to exploit vulnerabilities, making it crucial for users to stay informed and take proactive security measures.
With Microsoft’s latest warning, crypto holders are urged to remain vigilant and take necessary precautions to safeguard their funds from this emerging Trojan threat.
