A team of a popular Bitcoin wallet Electrum reported an attack on its servers, calling on the users to take additional security measures for keeping personal funds.
Electrum servers are currently under a DoS attack. We are working on a more robust version of the electrum server. In the meantime, affected users should disable auto-connect, and select their server manually.
— Electrum (@ElectrumWallet) April 7, 2019
The information was quickly spread in the network. After a few requests, it became known that the attacker was using a complex phishing scheme.
Apparently, the bots run their own Electrum servers. When a user synchronized his wallet with one of such servers, he received a message with instructions about how to update a wallet to a newer version which was programmed to send users’ personal data directly to hackers.
“The botnet has a range of 150-300k unique IPs hammering all servers on the application level”.
The Next Web publication quotes an anonymous cybersecurity expert who claims that the attack has been lasting for a week. Also, according to him, the damage amounts in several million dollars.
The team asks all customers to make sure that they are using only official site BashCo.
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