Inferno Drainer, a malware-as-a-service scam, has defrauded over 137,000 individuals of $87 million in cryptocurrency by posing as Web3 platforms like Seaport, Coinbase, and WalletConnect. Group-IB discovered 16,000 malicious domains associated with the scam. The theft losses have doubled from January 2023, amounting to $80 million over the past year. Blockaid flagged older malicious dApps used by the Inferno drainer group. The cybercrime has raised concerns about the security of cryptocurrency and the need for protection against such scams.
$80M in Crypto Disappears into Drainer-as-a-Service Malware Hell: https://t.co/qCupctG5dg by darkreading #infosec #cybersecurity #technology #news
Inferno drainer group stole $80M from web3 users over the past year using older malicious dApps that are all flagged by Blockaid as malicious (URLs launched over time below). Yet unprotected users still get scammed. Don't get scammed, get Blockaid. https://t.co/mUe6Ewkc4B
Crypto theft losses have already doubled January 2023 numbers, and this month is not even over yet. Read why below. https://t.co/XMtGifC1vF #Crypto | #Bitcoin | #Hack
Inferno Malware Masqueraded as Coinbase, Drained $87 Million from 137,000 Victims: https://t.co/FYHeFf5pvV by The Hacker News #infosec #cybersecurity #technology #news
Group-IB uncovers 16,000 malicious domains used in Inferno Drainer crypto scam https://t.co/LGoSn2T67I
Over 137,000 people lost #cryptocurrency to Inferno Drainer, a #malware-as-a-service scam operating for a year. It siphoned $87 million in crypto by mimicking Web3 brands such as Seaport, Coinbase, and WalletConnect. Read the full story: https://t.co/5i1eQCTwcZ #cybersecurity