An advanced phishing campaign has re-introduced Inferno drainer, a notorious crypto-retarding tool that focuses on users through misleading disagreement interactions.

Despite the claims of its closure at the end of 2023, Check Point Research (CPR) has discovered that Inferno Drainer remains active, which uses improved techniques to circumvent security measures and to dispose of digital portfolios.

Improved avoidance techniques

The latest iteration from Inferno Drainer shows important technical upgrades.

The malware now uses smart contracts for one -time use and encrypted configurations in chains, making detection and prevention more challenging. Community with command-and-control (C2) servers is obscured through proxy-based systems, which further complicates the tracking efforts.

With these claims, the drain protection mechanisms and anti-phishing black stickers can bypass.

In a recent campaign, attackers exploited Discord by users of legitimate Web3 websites to lead to collision of Collab.land Bots, which led them to phishing sites. Victims were misled to sign malignant transactions, giving attackers access to their funds.

Significant financial impact

In the past six months, Inferno Drainer has reportedly affected more than 30,000 portfolios, resulting in losses of more than $ 9 million.

CPR said that the continuous evolution of the malware and the advanced social engineering tactics have contributed to their success in cheating users and extracting funds.

“Combined with targeted deception and effective social engineering tactics, these techniques enable attackers to successfully carry out their activities, as evidenced by the stable financial stream that has been identified by Blockchain transaction -” said CPR.

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Continuous threat despite the closing claims

Although the developers of Inferno Drainer announced his closure in November 2023, the proof of continuous operation suggests.

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Smart contracts implemented in September 2023 remain active and recent campaigns indicate the continuous development and deployment of the infrastructure of the drain.

The persistence of Inferno Draininer emphasizes the challenges in combating such threats within the cryptocurrency ecosystem.

Users are advised to be careful when dealing with unknown platforms and to verify the authenticity of services before they connect their portfolios.

Implementing robust security measures and staying informed of emerging threats are crucial steps in protecting digital assets.

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