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  4. Beware of this new YouTube Scam: PennyWise, a new crypto-stealing malware on YouTube

Beware of this new YouTube Scam: PennyWise, a new crypto-stealing malware on YouTube

The new cryptocurrency malware has been tricking users to download software, which will steal the data from 30 crypto wallets of the user and browser extensions as well.

Saumya Nigam Edited By: Saumya Nigam Noida Updated on: July 07, 2022 19:11 IST
Bitcoin, scam, malware, youtube
Image Source : FREEPIK scam alert

After Facebook malware and WhatsApp fake message for employment in the UK, now the threat related to crypto users looking for Bitcoin mining software has surfaced on YouTube. It is being reported that crypto-malware has been spreading through the video platform, by the name of “PennyWise”.

 
The new cryptocurrency malware has been tricking users to download software, which will steal the data from 30 crypto wallets of the user and browser extensions as well.

Not just wallets, this malware has been reportedly targeting cold crypto wallets like:

  • Zcash
  • Armory
  • Bytecoin
  • Jaxx
  • Exodus
  • Ethereum
  • Electreum
  • Atomic Wallet
  • Guarda
  • Coinomi

 According to Cyble, a cyber intelligence company,  the PennyWise malware has been developed recently and has been an “emerging threat”.

In a blogpost, Cyble said that the fraudsters are spreading PennyWise as a free Bitcoin mining software across the world. They have so far, posted more than 80 YouTube videos which contain the link to download the malware. 

So those, who are in search of Bitcoin mining software on YouTube have to be extra cautious of this malware or they will end up being the victims.

PennyWise has been targeting around 30 Chrome-based browsers, over 5 Mozilla, Opera and Microsoft Edge browsers. 
 
The malware can further take screenshots and steal sessions of chat platforms like Telegram and Discord.
 
The Cyble Blog states: “Pennywise is an emerging stealer which is already making a name for itself. We have witnessed multiple samples of Pennywise out in the wild, indicating that Threat Actors may already be deploying it.”
 
As per the cyber intelligence company, the malware has not been designed from users in countries like 

  • Russia
  • Ukraine
  • Belarus 
  • Kazakhstan. 

The company states: “This could indicate that the TA is trying to avoid scrutiny by Law Enforcement Agencies in these particular countries.”

How to be safe?

  • If you are into bitcoin so understand to be safe and do not click on any link which you find on the internet. You must always avoid downloading pirated software from unknown websites. 
  • You must have a strong password and keep updating the same at regular intervals to keep it safe from any such unwanted activity. 
  • You must enforce multi-factor authentication for upgrading the security
  • Do not open unknown links and email authenticity ever! 
 

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