Cybercriminals have increasingly turned to blockchain technology and cryptocurrencies in order to generate quick profits. Researchers have discovered that malicious actors are now actively using Echelon malware with the auto-download functionality of Telegram.
This malware is a kind of programmed engineering code that has a variety of capabilities to compromise the data and privacy of a user’s computer or mobile device. It also possess an enormous risk to Telegram users who depend on the application’s built-in auto-download feature. Once a file is received, the malware is automatically downloaded to the device without the user’s knowledge.
Victims are not required to run or shut down any apps; the virus will simply be able to access the computer’s footprint and capture screenshots.
The malware file is titled “Smokes night,” and experts have warned that individuals should exercise caution when dealing with this malware since it has the ability to acquire information about non custodial cryptocurrency wallets as well. Users are advised that you turn off the auto download function on your Telegram profile.
More than $1 billion worth of crypto was stolen by hackers in the third quarter of 2021, as per Atlas VPN. In all, 146 hacking attacks and scams have been reported in the first three quarters of 2021, representing a 20% rise over the count of 122 hacking events reported in the same period for 2020.