How to Avoid Losing Your Valuable Cryptocurrencies to the CryptoShuffler Trojan

How often do you manually check your crypto addresses when you paste them? Hackers are always developing new creative ways to steal your data and money and a simple mistake has already cost crypto investors over $160,000. Recently a new trojan called CryptoShuffler has been stealing cryptocurrencies from users across the internet using a simple function like copy and paste. Without the right security systems in place, your cryptocurrencies could be at risk.

Cryptocurrency security can be an intimidating subject, especially for new crypto investors. The price of Bitcoin has been rapidly dropping, which has enticed many new investors. With so many different factors to consider, investors must be careful to protect their coins, and that requires more than just a strong password. All users need to make security a top priority, but especially cryptocurrency investors. From operational security to stronger protection like two-factor authentication, it’s important to protect yourself when investing in any digital asset.

A Stealth Attack: The CryptoShuffler Trojan

According to CCN, the CryptoShuffler Trojan has stolen over $160,000 and may be silently embedded on machines across the internet, meaning many users can still save their coins with a quick security check.

Trojans sneak onto your computer and quietly operate malicious code without the user noticing. Unlike previous cryptocurrency scams that have attacked users in the form of aggressive ransomware, the CryptoShuffler trojan waits until users copy a cryptocurrency address where they send their cryptos. Because cryptocurrency addresses are quite easy to recognize, it can identify the address on the clipboard and replace it with a wallet address of its own.

One of the dangers of CryptoShuffler is the quiet, sudden attack. The software lurks in the background until the damage has been done. If you have ever transferred a cryptocurrency and it was sent to the wrong address, you should install an antivirus software immediately.

Main Features of CryptoShuffler

  • Normal infection methods. The virus typically infects a computer through spam email messages and dangerous files.
  • Opportunistic virus. It will monitor your machine and try to detect when you are sending crypto to a wallet.
  • Hijacks your clipboard. When infected, the virus will hijack your clipboard and change the wallet address you are sending to.
  • Relies on human error. CryptoShuffler takes advantage of the fact that most users copy and paste crypto addresses due to their length.

To prevent CryptoShuffler from infecting your computer, consider installing Norton Antivirus by Symantec, which Safety Detective rated 5.0 / 5.0 in our comprehensive review. We recommend running antivirus software at all times and running a full security scan at least once a week.

Avoiding the CryptoShuffler

In addition to strong antivirus protection, practicing safe operational security can go a long way towards protecting your coins. In the world of cryptocurrency, it’s important to always use a unique password for each platform to prevent intruders from stealing it. Beyond the password level, two-factor authentication via text message or another authentication application is an effective preventative measure.

A CryptoShuffler attack uses a unique approach to steal victim’s coins without stealing a password or breaking into any digital platform. We recommend installing antivirus software like Comodo, provides solid all-around coverage; it even offers a free version to try before purchasing the full suite.

CryptoShuffler’s strength is also its biggest weakness: the program merely replaces a victim’s paste function, meaning users can save themselves by always verifying the address. A single character can be the difference between a safe transaction and lost funds, which means double- and triple-checking is always a good idea.

Finding CryptoShuffler Before It Finds You

Strong antivirus software is always recommended on any device, however, depending on the markets, you can’t always control what device you use to make your next trade or purchase. In order to identify CryptoShuffler, it’s important to run a quick security check to ensure the safety of the device you’re using. AVG Technologies offers a free antivirus software that can help detect CryptoShuffler or any other malware.

Although the price of Bitcoin has dropped recently, they are still valuable, and you need to take extra precautions to protect your cryptos. If you or anyone you know has had a cryptocurrency transfer fail, it’s important to diagnose the issue. Install and update your antivirus program to avoid becoming a victim.

About the Author

Eric C.
Eric C.
Expert on Cyber Security, Fintech, and Cryptocurrency

About the Author

Eric is a professional cyber tech expert with almost a decade of experience writing about security and tech. In recent years, he has been focused heavily on the rapidly developing fintech and cryptocurrency industries and how they relate to online security.
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