New MacOS Malware Targets Discord & Slack Users Who Are Crypto Investors

Two very popular platforms, Slack and Discord, have been mired in some troubling circumstances. According to security researchers, there have been MacOS malware attacks targeting the two platforms, especially those who tend to discuss cryptocurrencies.

The founder of security firm DutchSEC, Remco Verhoef, commented about the malware on June 30th in a blog post about the security and cybersecurity training Sans Institute. As Verhoef explained, the attacks operate by impersonating administrators or “key” individuals in cryto-related chats. Then, small snippets of the conversation are downloaded and execute malicious binary information. The malware is detrimental, as it can track user passwords and then store them on a local machine.

Patrick Wardle of Digital Security commented on the matter as well, stating that “apparently attackers are asking users to infect themselves” with a “rather massive macho binary.” Wardle also identified several factors that make OSX.Dummy a dangerous malware:

  • Poor massive binary size
  • Ineffective persistence of mechanisms
  • Trivial to detect every step
  • Terrible infection method

It is also expected that such attacks will improve over time. To mitigate the chance of attacks, it may be best to apply a multi-factor authentication. There have also been reports of a new attack on Bitcoin (BTC) users, which entails gaining control of clipboards in windows to swap out a user’s BTC address with that belonging to the attacker. McAfee Labs also released a statement indicating that cryptojacking has increased by 629 percent in the first quarter of 2018.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer

Coin Market Cap Price Change 24 Hour Volume
BTC $139.46B $7,870.8630 0.99% $6.58B
ETH $25.93B $244.1518 -1.32% $3.11B
XRP $15.98B $0.3794 -0.32% $537.88M
BCH $7.15B $401.6736 0.28% $547.26M
LTC $5.48B $88.4967 -0.59% $631.07M
EOS $5.44B $5.9625 -0.71% $700.04M
BNB $4.52B $32.0070 1.53% $290.99M
USDT $2.99B $1.0043 0.26% $6.41B
XLM $2.39B $0.1239 -1.32% $51.42M
ADA $2.05B $0.0789 -1.43% $71.33M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.


Please enter your comment!
Please enter your name here