Hackers are stealing crypto from one another over Telegram

data privacy
(Image credit: Shutterstock / Zeeker2526)

Hackers are operating a scam via messaging application Telegram in a bid to swindle fellow cybercriminals, researchers have discovered.

According to security company Avast, hackers are using the encrypted messaging platform to distribute HackBoss malware and have so far stolen hundreds of thousands of dollars worth of cryptocurrency from victims.

The malware is disguised as software for brute-forcing passwords for banking, dating and social media accounts. Once the wannabe hacker runs the program, crypto-stealing malware is intalled on their device.

HackBoss is also said to be relatively persistent, given that it comes with a registry key to run it at startup, as well as a scheduled task that runs the payload every minute.

Pasting the wrong address

The modus operandi for the malware is simple: it scans the clipboard for a cryptocurrency wallet and replaces it with another one, belonging to the attacker. Should the victim try to send crypto tokens to an address, the funds will be diverted to the attacker.

In theory, the scam is relatively easy to spot, as the address pasted just before sending will differ from the one copied beforehand. Attackers are hoping that most people don’t double-check the addresses after pasting, partly because wallet addresses are just a long string of random letters and numbers.

It seems this hypothesis is correct, too. Since November 2018, more than $560,000 in various cryptocurrencies has been sent to more than 100 addresses associated with the attackers.

Via Bleeping Computer

Sead is a seasoned freelance journalist based in Sarajevo, Bosnia and Herzegovina. He writes about IT (cloud, IoT, 5G, VPN) and cybersecurity (ransomware, data breaches, laws and regulations). In his career, spanning more than a decade, he’s written for numerous media outlets, including Al Jazeera Balkans. He’s also held several modules on content writing for Represent Communications.

Read more
Representational image depecting cybersecurity protection
Fake video conferencing apps are targeting Web3 workers to steal their data
Android phone malware
This nasty Android malware is posing as the Telegram Premium app
Ransomware
Top ransomware gang's internal chat logs leaked online
Magnifying glass enlarging the word 'malware' in computer machine code
Microsoft Teams and AnyDesk abused to deploy dangerous malware, so be on your guard
A concept image of someone typing on a computer. A red flashing danger sign is above the keyboard and nymbers and symbols also in glowing red surround it.
Fake Reddit sites found pushing Lumma Stealer malware
Android phone malware
Screen reading malware found in iOS app stores for first time - and it might steal your cryptocurrency
Latest in Security
A graphic showing fleet tracking locations over a city.
Lost & Found tracking site hit by major data breach - over 800,000 could be affected
US President Donald Trump speaks to the press as he signs an executive order to create a US sovereign wealth fund, in the Oval Office of the White House on February 3, 2025, in Washington, DC.
US set to pause cyber-offensive operations against Russia - but CISA says it won't stop
Web DDoS attacks see major surge as AI allows more powerful attacks
Polish space agency says it was hit by a cyberattack
Illustration of a hooked email hovering over a mobile phone
AWS misconfigurations reportedly used to launch phishing attacks
A concept image of someone typing on a computer. A red flashing danger sign is above the keyboard and nymbers and symbols also in glowing red surround it.
Microsoft Teams and other Windows tools hijacked to hack corporate networks
Latest in News
Google Gemini iPhone Lock Screen
You can now access Gemini from your iPhone's lock screen
Michelle, Keats, and Doctor Amherst looking unimpressed and worried in The Electric State
Netflix drops trailer for The Electric State, and I'm getting serious District 9 vibes
YouTube TV
YouTube TV might be planning a big Netflix update that puts the best streaming services first
Google Pixel 9 Pro
Here are the 7 best Pixel 9 and Pixel Watch 3 features landing in March’s Pixel Feature Drop
Bang & Olufsen Beogram 4000C Saint Laurent Rive Droite Edition
Bang & Olufsen's latest reworked turntable is a masterpiece of retro revival, in a breathtaking wooden presentation box
Apple Watch Series 10
Apple unveils new Apple Watch bands – here's what's in the Spring 2025 collection