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Cthulhu Stealer Malware Steals Crypto Wallets, Targets Mac Users – Report

by Olivia Jackson
9 months ago
in Crypto, News, Trending Stories
Reading Time: 3 mins read
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Cthulhu Stealer Malware Steals Crypto Wallets, Targets Mac Users - Report

Cthulhu Stealer Malware Steals Crypto Wallets, Targets Mac Users - Report

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A new strain of malware dubbed Cthulhu Stealer is ravaging crypto wallets by targeting Mac users. This sophisticated Cthulhu Stealer malware specifically zeroes in on popular crypto wallets, putting digital assets at significant risk. Despite the long-held belief that macOS is a bastion of security, this latest attack underscores the evolving nature of threats against Apple’s operating system.

For years, Apple users have clung to the notion that their systems are impervious to malware, a belief that has been part of the broader tech zeitgeist. However, recent trends have shown a disturbing rise in macOS-targeted malware, with the Cthulhu Stealer malware being the latest—and perhaps one of the most dangerous—examples.

Cybersecurity firm Cado Security sounded the alarm on August 22, revealing that the Cthulhu Stealer malware disguises itself as legitimate software, such as CleanMyMac and Adobe GenP, in order to deceive users. Once downloaded, the malware prompts users to enter their system password via the macOS command-line tool. The threat doesn’t end there; it also requests the password for popular Ethereum wallet MetaMask, alongside other major crypto wallets like Coinbase, Wasabi, and Binance.

“Cthulhu Stealer is a stark reminder that no operating system is truly immune to malware,” said Tara Gould, a researcher at Cado Security. “This malware specifically targets crypto wallets, which are increasingly becoming a prime target for cybercriminals.”

Cthulhu Stealer malware
Cthulhu Stealer searching for installed crypto wallets. Credit: Cado Security

How Cthulhu Stealer Malware Operates

The Cthulhu Stealer malware operates with chilling efficiency. Once a user unknowingly grants it access, the malware begins its nefarious work by storing stolen data in text files. It then fingerprints the victim’s system, collecting crucial information such as the IP address and operating system version. This data is critical for the attackers to further exploit the system or sell the information on dark web forums.

The malware’s primary function is to steal credentials and crypto wallets from various sources, including game accounts. It’s eerily similar to the Atomic Stealer malware, which was identified in 2023 as another threat targeting Apple computers. According to Gould, the developers of Cthulhu Stealer malware likely modified the Atomic Stealer code to create this new variant.

The Cthulhu Stealer malware was reportedly being rented out to affiliates for $500 per month via Telegram, with profits from successful deployments being shared. However, in a twist of fate, the scammers behind the malware appear to have fallen out, leading to accusations of an exit scam by affiliates.

The Growing Threat to Mac Users

The rise of Cthulhu Stealer malware is part of a broader trend of increasing malware threats to Mac users. Just a day after the Cado Security report, Cointelegraph highlighted another Mac-targeted malware, AMOS, which has the capability to clone Ledger Live software—a popular application for managing cryptocurrency hardware wallets.

These developments have not gone unnoticed by Apple. On August 6, the tech giant announced an update to its upcoming macOS version that tightens the Gatekeeper protections, a security feature that ensures only trusted applications are allowed to run on the system. This move is seen as a direct response to the growing number of malware threats like Cthulhu Stealer that are bypassing existing security measures.

Cthulhu Stealer Malware
Cthulhu Stealer Malware Steals Crypto Wallets, Targets Mac Users 

“Apple’s move to enhance Gatekeeper is a step in the right direction, but it’s clear that users must remain vigilant,” said cybersecurity expert John Mason. “Malware like Cthulhu Stealer is designed to exploit any weakness, and the best defence is a combination of robust security practices and user awareness.”

Protecting Your Digital Assets Against Cthulhu Stealer Malware

With the Cthulhu Stealer malware on the loose, Mac users are advised to take immediate steps to protect their digital assets. This includes ensuring that their macOS is up to date, being cautious about downloading software from untrusted sources, and enabling two-factor authentication on all crypto wallets.

Moreover, users should consider using dedicated anti-malware software that is regularly updated to catch the latest threats. As malware continues to evolve, staying one step ahead of cybercriminals is more crucial than ever.

The rise of Cthulhu Stealer malware serves as a stark reminder that the world of cybersecurity is ever-changing, and complacency can lead to significant losses. As Mac users become more targeted, the need for heightened security and awareness has never been more pressing.

In conclusion, the Cthulhu Stealer malware is a potent new threat that underscores the evolving risks faced by Mac users, particularly those involved in the cryptocurrency space. As always, vigilance and proactive security measures are the best defence against such insidious attacks. The Bit Gazette has the latest crypto news and expert analysis.

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Olivia Jackson

Olivia Jackson

Olivia Jackson is a US-based cryptocurrency writer and market analyst with a passion for decoding the complexities of blockchain technology and digital assets. With over five years of experience covering the crypto space, she specializes in breaking down market trends, regulatory developments, and emerging Web3 innovations for both retail and institutional audiences. Her work has appeared in leading finance and tech publications, including CoinDesk, Decrypt, and The Block, where she provides data-driven insights on Bitcoin, DeFi, and the evolving regulatory landscape. Olivia is particularly interested in the intersection of traditional finance and decentralized systems, often exploring how macroeconomic shifts impact crypto markets.

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