"As Bitcoin Surges, Hackers Rush to Spread Cryptocurrency Malware on Google Play"
There has been a revival in cryptocurrency malware in response the increased price of Bitcoin. ESET security researchers found two fake cryptocurrency apps on Google Play, called Trezor Mobile Wallet and Coin Wallet. According to researchers, these apps were designed to steal users' cryptocurrency. Both Trezor Mobile Wallet and Coin Wallet apps were developed through the use of templates, which can be sourced online at a low cost. The intent of behind these templates is to develop a generic cryptocurrency wallet. However, this recent discovery of fake cryptocurrency wallet apps have brought further attention to the possibility of attackers modifying templates to reroute users' coins for their own gain. This article continues to discuss the spread of cryptocurrency malware on Google Play, findings from the analysis on the two fake cryptocurrency apps, the modification of templates to perform malicious activities, and the discovery of cryptocurrency scamming apps on Google Play in 2018.
TNW reports "As Bitcoin Surges, Hackers Rush to Spread Cryptocurrency Malware on Google Play"