New Phorpiex Botnet Variant Steals Half a Million Dollars in Cryptocurrency
Dec 17, 2021
Cryptocurrency users in Ethiopia, Nigeria, India, Guatemala, and the Philippines are being targeted by a new variant of the Phorpiex botnet called Twizt that has resulted in the theft of virtual coins amounting to $500,000 over the last one year. Israeli security firm Check Point Research, which detailed the attacks, said the latest evolutionary version "enables the botnet to operate successfully without active [command-and-control] servers," adding it supports no less than 35 wallets associated with different blockchains, including Bitcoin, Ethereum, Dash, Dogecoin, Litecoin, Monero, Ripple, and Zilliqa, to facilitate crypto theft. Phorpiex , otherwise known as Trik, is known for its sextortion spam and ransomware campaigns as well as cryptojacking, a scheme that leverages the targets' devices such as computers, smartphones, and servers to secretly mine cryptocurrency without their consent or knowledge. It's also infamous for its use of a technique called cry