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Kaspersky Warns of Massive GitHub Scam Targeting Crypto Users

Category: CRYPTO NEWS

The post Kaspersky Warns of Massive GitHub Scam Targeting Crypto Users appeared on BitcoinEthereumNews.com. As cryptocurrency adoption continues to grow, so too do concerns over security and fraud. Two recent developments highlight the risks facing users in different areas of the crypto ecosystem. In one case, cybersecurity firm Kaspersky has uncovered a large-scale malware campaign, GitVenom, where hackers create fake GitHub repositories to trick users into downloading credential-stealing malware. Meanwhile, US Senator Dick Durbin has introduced the Crypto ATM Fraud Prevention Act, aimed at curbing scams that exploit cryptocurrency ATMs to defraud users, particularly senior citizens.  Hackers Flood GitHub With Fake Projects to Spread Crypto-Stealing Malware, Kaspersky Warns A sophisticated malware campaign is sweeping through GitHub, as hackers create hundreds of fake repositories to lure unsuspecting developers and cryptocurrency users into downloading credential-stealing and crypto-targeting malware, cybersecurity firm Kaspersky has warned. In a Feb. 24 report, Kaspersky analyst Georgy Kucherin revealed the existence of a large-scale operation, dubbed “GitVenom,” in which cybercriminals have flooded GitHub with counterfeit projects designed to distribute remote access trojans (RATs), info-stealers, and clipboard hijackers. The malicious actors have gone to extraordinary lengths to make these repositories appear legitimate, tricking users into compromising their personal and financial data. Kaspersky’s findings suggest that the attackers have been actively maintaining hundreds of fake GitHub repositories that falsely claim to provide useful software tools. Among the fraudulent projects identified are: A Telegram bot for managing Bitcoin wallets An automation tool for Instagram account interactions Various other seemingly harmless applications However, none of these tools actually function as advertised. Instead, they secretly deliver malicious payloads that siphon sensitive user information. Kucherin noted that the cybercriminals made these projects appear legitimate by incorporating “well-designed” instruction files that could have been generated using AI tools. These files provide misleading guidance on how to install and use the fake software, deceiving users into trusting and executing the…

2025-02-26T14:44:06+00:00

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