As cryptocurrency becomes more popular, the associated risks are also increasing. The forms of scams are becoming more sophisticated, with the latest reports from the FBI showing losses from cryptocurrency scams reaching $5.6 billion in 2023. Recently, Binance issued a warning about a type of malware called Clipper malware, which is being used to steal crypto assets.
🔎 What is Clipper Malware and How Does It Work?
Clipper malware is a type of malicious software specifically designed to interfere with the user's clipboard – where data is stored when you copy text or cryptocurrency wallet addresses.
When you copy your wallet address, clipper malware will replace that address with the address of a scammer. If you don't check carefully, you may inadvertently send money to the hacker's wallet.
This type of software is often spread by repackaging popular applications like Telegram or WhatsApp, turning them into malware distribution tools.
🛡️ How to Protect Yourself from Clipper Malware
To ensure the safety of your crypto assets, you need to implement the following security measures:
Download applications from official sources: Always download apps from reputable stores like Google Play, App Store, or official websites.
Keep personal information private: Avoid sharing wallet information or sensitive data online.
Enable strong security measures: Use two-factor authentication (2FA) and reliable antivirus software.
Check wallet addresses carefully: Before making a transaction, always carefully check the wallet address to avoid being replaced by malware.
Avoid suspicious links: Do not click on links or attachments from unclear sources.
📢 Advice from Binance
Binance emphasizes that users need to be vigilant and always stay updated on the latest threats in the cryptocurrency world. Implementing security measures will help you minimize risks and protect your assets against increasingly sophisticated scams.