Malware is malicious software designed specifically to disrupt, damage, or gain unauthorized access to your computer. Every time you download a file or program or click a link on your computer, you put your computer at risk. You should always be vigilant with verifying the authenticity of any software you download onto your computer or any links you decide to click as the results can be disastrous for your digital life and crypto holdings. Your computer is weaker and more susceptible to a malware attack when it’s not up to date or if you download a malicious program.
Copy and Paste Malware
This occurs after the malware has been downloaded onto your computer and you copy and paste a cryptocurrency address to send funds. The attacker will change your crypto address to the one that the malware owner controls. People often send crypto without double checking that the address is correct. Be sure to always double and triple check crypto addresses before sending. Run malware checks on your computer often and always keep your operating system up to date. Remember, once cryptocurrency is sent it is impossible to reverse the transaction for all practical purposes.
These attacks are designed to steal and lock your files until you pay in cryptocurrency, at which point, in theory, you get your files back. Many times you will not get the files back or be able to recover your data. Additionally, there are places online where some ransomware encryption keys have been released and you can get your data back for free. Other times, you won’t get anything back after paying and the scammers will just ask for more funds.
If you need to report an incident or you have fallen victim to this type of scam, reach out to our Live Chat support or submit a request at firstname.lastname@example.org.
Additional resources for reporting and learning about fraud: