The National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI) and the National Cyber Security Centre (NCSC) have issued a joint advisory report warning users to be aware of a new malware called “Infamous Chisel”. This malware is being used to target crypto wallets and exchanges, and is linked to the activities of Sandworm, a cyberwarfare unit working under the GRU, Russia’s military intelligence agency.The report noted that the malware has been extracting data from the directories of the Binance and Coinbase exchange applications and the Trust Wallet application, regardless of the type of file. It also noted that the malware components were developed with little regard for concealing malicious activity, likely due to the lack of host-based detection systems for Android devices.Meanwhile, almost $1 billion has been lost to exploits, hacks and scams in 2023. In August alone, around $45 million were lost to such attacks, although this was significantly lower than the previous month.Crypto exchanges have been under scrutiny for their security measures, and users should be aware of the risks associated with depositing funds into these exchanges. It is important to research the security measures of an exchange before depositing funds.

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Information	Details
Geography	North America
Countries	🇺🇸 🇬🇧 🇺🇦
Sentiment	negative
Relevance Score	8
People	NSA, FBI, NCSC, GCHQ, CISA
Companies	National Cyber Security Centre (NCSC), Federal Bureau of Investigation (FBI), Government Communications Headquarters (GCHQ), Cybersecurity and Infrastructure Security Agency (CISA), National Security Agency (NSA)
Currencies	Coinbase Wrapped Staked ETH, Binance USD, Ethereum, Bitcoin, Trust Wallet
Securities	None