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Bitcoin (BTC) Wallets May Be in Danger as New Trojan Compromises Google 2FA

News
Fri, 02/28/2020 - 12:37
Yuri Molchan
New malware steals pass codes from the Google 2FA app, which is widely used, including when you access your BTC wallet or an account on a crypto exchange
Cover image via www.shutterstock.com

A new malware called Cerberus now targets Android-based smartphones by stealing passwords provided by the Google Authenticator app, a new cyber-security report by ThreatFabric states.

As reported by the research group, Cerberus can do something that very few other Trojans are able to – mess with the Google Authenticator app and steal its one-time codes which are often used to secure access to Bitcoin wallets or accounts on digital exchanges.

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Until now, this Google app was believed to be the best protection, much more efficient than SMS-based security codes.

The ThreatFabric report says that the modern versions of this Trojan have been significantly improved and their functionalities are now close to those of remote access Trojans. The latter are believed to be a very powerful type of malware.

The researchers say that, so far, the upgraded Trojan has not been shared on hacker forums. However, this may well happen in the near future, they warn.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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