Beware of this Crypto wallet draining Echelon Malware

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All those using cryptocurrency wallets, you better be aware of this crypto scam that is being spread through Telegram. Information is out that some hackers in the name of ‘Smokes Night’ are stealing cryptocurrency from the users’ wallets by spreading Echelon Malware on Telegram.

Technically, Echelon is a malicious software that is into the tactic of stealing information of those using Telegram messaging services.

Previously, that is till October 2021, those spreading Echelon were seen distributing malware through OpenVPN, Outlook, FileZilla, WhatsApp, Edge, Discord.

Now, they have targeted Telegram users via ‘Smokes Night’ that is seen stealing digital currency from crypto wallets such as Atomic wallet, BitcoinCore, ByteCoin, Exodus, Jaxx and Trezor.

SafeGuard Cyber, an online web protection service, was the first to detect the Echelon Malware scam and has opened the details to the media last week. And believes that the coordinated campaign seems to be an effort of “Spray and Pray” targeting new Telegram users having cryptocurrency wallet apps on their devices.

Security researchers from SafeGuard argue that the malware not only can steal login credentials but also has the potential to steal fingerprints and take screenshots of victims machine along with the usual tactic of spying on contacts, messages and photos n videos on victimized device.

It isn’t clear whether the Telegram is just acting as a distribution medium or there is some kind of indulgence from the Russia-based messaging app.

The only good news is that there is evidence(for now) that the malicious software is only seen exploiting the mobile version of Telegram app and not the web version.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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