Bitcoin gambling enthusiasts should always be vigilant when it comes to online threats.
According to Kaspersky Labs, 22% of finance-related malware attacks target Bitcoin, and the figures look to increase with the recent distributed malware geared at compromising Bitcoin wallets, as reported by Bitdefender Labs.
The malware, however, assumed a different identity, not only stealing bitcoins from the victims, but also misleading them to believe they are part of a nationalist movement.
Targeting users who are affected by the Russia-Ukraine crisis, the hackers behind the malware presented the software program as a means to “secretly begin to attack government agencies of the states that have adopted [unreasonable] sanctions.”
The group of hackers claimed to be from Russia and is “worried” for the possible effects of the actions taken by the Western countries.
The message, which contained the link to the malware, explained that running the application on the computer will initiate an attack to counter the economic and political sanctions against Russia.
By clicking on the link, Kelihos, a botnet specifically designed for bitcoin theft and spamming, begins to be downloaded on the computer. Once this malware package is fully installed, it will begin to access the user’s Bitcoin wallet and steal any stored amount.
The Kelihos botnet is not new since it has already been identified by online security companies 5 years ago. Despite this, it still proves to be useful and effective for hackers who are eager to illegally acquire other people’s bitcoins.
With the series of phishing attempts happening lately, every Bitcoin wallet and user may become vulnerable, and this includes casino players, poker aficionados, and sports bettors using the digital currency.
This is the reason Bitcoin gambling players are advised to take extra measures when clicking links and providing credentials, whether on emails or websites, since these may expose the bitcoins to the hackers.
Moreover, it is imperative to be cautious when playing in shady Bitcoin casino and gambling platforms that require software download since the executable file may be corrupted or is simply a malware. This, however, does not imply that every Bitcoin gambling website that has downloadable software should be avoided. Nevertheless, further caution can go a long way.