iVest suffers from “empty address” vulnerability attack: Crypto-Sec
iVest, a leading cryptocurrency investment platform, recently fell victim to a cyber attack targeting its “empty address” vulnerability. This attack has put millions of users’ PCs at risk of being infected with “unremovable” malware, causing widespread concern in the crypto community.
To mitigate the potential damage caused by this attack, iVest has issued a security advisory urging all users to update their software and exercise caution when interacting with unknown links or emails. The platform has also implemented enhanced security measures to prevent similar attacks in the future.
Millions of PCs threatened by “unremovable” malware
The emergence of “unremovable” malware poses a significant threat to the security and privacy of cryptocurrency users. This type of malware is designed to evade traditional antivirus software and is capable of persisting on a system even after multiple attempts at removal.
To protect themselves from the risks posed by “unremovable” malware, users are advised to regularly update their antivirus software, avoid downloading files from suspicious sources, and practice safe browsing habits. Additionally, it is crucial for users to remain vigilant and report any unusual activity on their devices to security professionals.
Web3 gamers tricked into unauthorized transactions
In a separate incident, Web3 gamers were recently targeted in a sophisticated scam that resulted in unauthorized transactions totaling $69,000. Cybercriminals exploited a vulnerability in the approval process used by Web3 gaming platforms to trick players into unknowingly approving fraudulent transactions.
To prevent falling victim to similar scams, Web3 gamers are encouraged to exercise caution when granting approvals for transactions and to verify the legitimacy of all requests before proceeding. By remaining vigilant and adopting secure practices, gamers can protect themselves from falling prey to malicious actors in the evolving landscape of online gaming.
