Kaspersky, 29 thousand 585worth a dollar 1.33 BTCresulting in a loss hardware wallet theftscrutinized the details.
The growing adoption and use case of cryptocurrencies also brings bad actors to the scene. In the crypto industry, scams are unstoppable. Kaspersky has revealed a new research, especially these days when hardware wallets are much discussed.
Kasperskya hardware wallet 1.33 BTC lostinvestigated hardware wallet theft.
Kaspersky Investigated Details of Theft
Kaspersky, 1.33 BTC hardwareinvestigated the details of the theft of his wallet. Kaspersky investigated a rare case where assets were stolen from a hardware wallet. This situation reveals that crypto scammers are starting to resort to high-level methods.
In the said fraud case, the hardware wallet owner did not transact with the hardware wallet on the day of the incident. Scammers, wallet owner He seized 1.33 BTC.
In the hardware wallet where the shocking theft took place, the inside of the device was filled with glue and the hardware components were held with double-sided tape. This building original equipment from their wallets it was in a different way. In addition, the wallet had a different microcontroller with read protection mechanisms instead of the original and flash memory was completely disabled.
Examining the structure of the hardware wallet Kaspersky revealed that the user had previously purchased and used an infected hardware wallet. In the infected and vulnerable wallet, the attackers made three different changes to the firmware. As a result of the changes, the control mechanism was eliminated. The attackers replaced the randomly generated seed phrase in the hardware wallet with one of 20 preset phrases. Thus, thieves with the possibility of 1280 combinations, was able to seize the assets of the crypto owner.
On the surface, the crypto wallet seemed to be working smoothly, but the fraudsters had full authority in this wallet. hardware wallet owner, of 1.33 BTCHe carried his wallet, unaware that it would be stolen.
Kaspersky Cyber Incident Investigator Stanislav Golovanov, said:
Hardware wallets have long been considered one of the safest ways to store cryptocurrencies. But cybercriminals have found new ways to seize their assets by selling infected or counterfeit devices to unsuspecting victims. It is possible to completely prevent such attacks. We strongly advise users to purchase hardware wallets only from official and reliable sources to minimize risk.
