TECHNOLOGY
Crypto Thieves Strike: Hidden Dangers in Your Phone Gallery
Fri Feb 07 2025
If that innocent screenshot saved on your phone could cost you big? Cybercriminals have come up with a new way to steal cryptocurrencies from unsuspecting users.
This sneaky malware, dubbed SparkCat, can scan your phone screenshots using your phone's owntechnology designed to detect text in images. It searches for those special sets of words used to access crypto wallets. You know, the ones that look like a random jumble of words but are actually your digital key to your wallet.
The scary part? This malware has been found in several apps on both Android and iOS platforms, including some available for download from official app stores. Yes, even those looks so safe.
Hackers targeted crypto users by hiding malware in AI chat apps like WeTink and AnyGPT, along with a food delivery app. The apps could be downloaded over 242, 000 times. That's a lot of potential victims.
SparkCat has been working since at least March 2024. The hackers use a secret code written in the language Rust to communicate with their computers. They have been using malware that can read and steal information from those screenshots. It's like having a spy in your phone.
Remember saving password details and recovery codes in your gallery can be dangerous. For crypto users, it's a lot more than just a password. It can mean taking money home or losing it.
But where did it come from? It's unclear. Some think it might be part of a larger plan. Some say the developers might have done it on purpose. It's a mystery.
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questions
How effective are current security measures in app stores to prevent the distribution of malware-infected apps?
Can users trust in apps that claim to make their life easier but turn out to be 'SparkCat-tastrophes'?
What if SparkCat started recommending crypto investments while stealing them?
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