Security researchers have unearthed a new malware campaign targetting users in Korea, the UK, and probably beyond.
McAfee’s Mobile Research Team has discovered 280 Android apps that come across as legitimate but are covertly trying to gain access to people’s cryptocurrency wallets.
Cybercriminals have created Android malware which is delivered through harmless-looking apps. McAfee has not published the names of the apps but has revealed that they fall into various categories, including government services, banking and utilities.
The malware primarily aims to obtain the mnemonic phrase, also known as the mnemonic recovery phrase or seed word, for your cryptocurrency wallet. The phrase, which is typically 12, 18, or 24 words, is all that a cybercriminal needs to access your digital assets.
As Beeping Computer notes, since recovery phrases are not necessarily easy to remember, people often take screenshots of their recovery phrases and save them in their galleries.
