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Cryptocurrency Companies Targeted by New Malware: Parallax RAT

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On March 1, the security analysis platform Uptycs said in a new report that cryptocurrency companies were becoming the target of a new type of malware, which i…

Cryptocurrency Companies Targeted by New Malware: Parallax RAT

On March 1, the security analysis platform Uptycs said in a new report that cryptocurrency companies were becoming the target of a new type of malware, which included a remote access Trojan called Parallax RAT. It is reported that this software uses injection technology to hide in the legal process and is difficult to be found. Once successfully injected, the attacker can interact with the victim through Windows Notepad, which may be a communication channel. Parallax RAT allows attackers to remotely access infected devices, with functions such as uploading and downloading files, recording keystrokes and screenshots. In addition to collecting system metadata, Parallax RAT can also access data stored on the clipboard, and even remotely restart or shut down infected devices.

Security team: The malware containing the remote access Trojan “Parallax RAT” is targeting the encryption company

Interpretation of the news:


The emergence of cryptocurrencies has revolutionized the financial and investment industries, but it has also become a prime target for cybercriminals. On March 1, the security analysis platform Uptycs reported that cryptocurrency companies were the latest target of a new type of malware identified as Parallax RAT, a remote access Trojan.

This malware is unique in that it uses injection technology to conceal itself within legitimate processes, making it difficult to detect. Once the malware is injected and the attacker has gained control, the Trojan can communicate with the victim through Windows Notepad. The attacker can remotely access the infected device, allowing them to upload and download files, record keystrokes and screenshots, collect system metadata, and restart or shut down the device.

The Parallax RAT Trojan is particularly concerning for cryptocurrency companies since it has the potential to compromise sensitive information and steal valuable cryptocurrency assets from within their networks. The unique communication channel used by Parallax RAT through Windows Notepad could allow attackers to evade detection from traditional antivirus and firewalls as well, making it more challenging for businesses to identify and block attacks.

This report is a reminder of the continuous evolution and sophistication of cyberattacks, and it highlights the importance of advanced cybersecurity measures for cryptocurrency companies and any other businesses that store sensitive data. Cybersecurity experts recommend implementing multi-factor authentication, regular security audits and testing, and regular employee training to ensure that your staff is aware of the threat of social engineering attempts and other cybersecurity risks.

In conclusion, the emergence of Parallax RAT highlights the growing focus of cybercriminals to target the cryptocurrency industry. Companies in this sector, together with other businesses that store sensitive data, will need to take into account the ever-evolving threat landscape and have effective security measures in place to safeguard themselves against cyberattacks.

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