Saefko crypto-focused trojan caught by private researchers

Researchers at Zscaler ThreatLabZ have unearthed Saefko crypto-focused trojan that can infect your device through emails and downloads.

Cryptocurrencies represent the future’s payment methods, and the security they provide is one of their major sell-points. This strong sense of financial security provides users with confidence and attracts new customers.

However, every now then a crypto scam or a hacking scheme rears its ugly head, and one has to ask itself’ “is it really worth investing?”

Well; to help the investors, cyber analysts at Zscaler ThreatLabZ have found a new trojan that preys upon crypto users. Zscaler ThreatLabZ is a company that focuses on providing cybersecurity initially founded in 2008 by Jay Chaudhry.

What is Saefko crypto-focused trojan?

The firm revealed the news yesterday on August 8 that it had discovered a new remote access trojan (RAT). This malware is capable of administrating total control on the victim’s device, enabling them to steal internet history records and monitor their past activity, including their financial assets accessed or stored through those devices.

The trojan known as Saefko is written in .NET a framework developed by Microsoft. This framework has been used to create a wide range of applications.

In a post, ThreatLabZ explained that RATs are generally acquired through accessing email attachments or through the download of infected applications.

Since this kind of trojan gains administrative control of ones’ device, it can do literally anything on their computers including monitoring their past activity, accessing private information, using the webcam or even formatting storage drives.

Other incidents

This is not the only recent incident, including crypto-malware as another incident that occurred in China. Sources report that the Chinese state espionage team was spying on gaming and crypto businesses. Moreover, it was reported that the team was also instructed to obtain information on other important events beforehand.

Other events include reports by ESET informing of a trojan known as LoudMiner targeting Windows and Mac users. Meanwhile, CipherTrace reported that approximately eight hundred and forty million dollars (840 M) were lost through crypto crimes.