Crypto Clipping: A Practice That Puts Your Wallet at Risk
Cybercriminals are fine-tuning their techniques every day in order to steal from their victims. In recent years, cryptocurrency wallets have become their main target. And it is that, in many cases, these are much more unprotected than you can imagine.
The techniques they use are increasingly sophisticated and allow them to access your wallets to empty them. Because it is cryptocurrency, there is no way to help people who are victims of these criminals.
For some months, there has been talk of a practice that, although it is not new, is being used more and more. And through it they have been able to steal millions of dollars in cryptocurrencies.
What is crypto clipping?
As we already mentioned, this is a practice that has been around for some time. The goal is to steal people's cryptocurrencies, however, this one works a bit differently than usual.
The crypto clipping technique does not directly access your wallet to steal the money. Rather, it is responsible for intercepting money transfers and redirecting them to the attacker's wallet.
That is, when making a payment through cryptocurrencies, malicious software that has previously infected the person's computer is responsible for changing the destination wallet for the attacker's. In this way, the money never reaches its true destination. All this happens without the person realizing it.
How is it distributed?
To carry out crypto clipping, malware is needed, which usually comes inside a high-demand file or program. The most common thing is that a pirated or cracked program is used to be able to distribute it and that it goes unnoticed.
This file is installed on the computer and remains inactive until the user makes a transaction with cryptocurrencies.
Both on the deep web and in various Telegram groups, criminals buy this malicious software from programmers. Then these are distributed through different ways.
How to avoid being a victim of crypto clipping?
We are sure that you are interested in how to avoid falling into the trap of crypto clipping. The truth is that the most effective way to achieve this is with prevention.
We already mentioned that this malware is distributed via programs and files. That is why you should avoid downloading pirated or cracked programs as much as possible, since you can be a victim of malicious software.
In addition, it is recommended that you have a very good antivirus and carry out deep inspections frequently. In this way you will be able to detect any malware that may be on your computer.