Rash of cryptocurrency thefts highlights online risks

Recent thefts on popular cryptocurrency exchange Coinbase, including an ongoing case where a large sum was stolen, highlights how easy it is for cybercriminals to pilfer digital wallets.

Individuals are reporting having had anywhere from $168,000 to $1 million in cryptocurrency stolen. The Better Business Bureau has received over 1,100 complaints against Coinbase regarding stolen cryptocurrency.

Cybercriminals have found multiple avenues for stealing money from crypto wallets, including SIM card swapping — but the easiest is with malware that discretely replaces wallet addresses when copying and pasting. 

Acronis Cyber Protect recognizes when sensitive data is being accessed and manipulated maliciously, and the included Active Protection already detects the latest clipboard-swapping malware variants.