ZeroFox Intelligence Flash Report - AI-Powered Tool to Target Cryptocurrency Wallets In Development

ZeroFox Intelligence Flash Report - AI-Powered Tool to Target Cryptocurrency Wallets In Development

Product Serial: F-2024-08-01a

TLP:CLEAR

In this Flash Report, ZeroFox researchers report on an AI-powered brute-force tool designed to target cryptocurrency wallets that was recently announced in a dark web forum.

Standing Intelligence Requirements

Deep Dark Web and Criminal Underground

For the most up-to-date list of ZeroFox’s Intelligence Requirements, please visit:

https://cloud.zerofox.com/intelligence/advisories/14956

Link to Download

View the full report here

Key Findings

• On July 25, 2024, untested threat actor “Michelangelo” posted in a dark web forum advertising a new artificial intelligence (AI)-powered malicious tool designed to facilitate attacks targeting cryptocurrency wallets.
• The tool lists an array of features that enable various methods of obtaining passwords associated with victims’ cryptocurrency wallets. An emphasis is also placed upon user convenience, flexibility, and management of attack processes.
• While tools with brute-forcing and password-mining capabilities are not new, this tool allegedly contains innovative features that reflect an appetite amongst cybercriminals to develop and commercialize malicious techniques able to target the growing cryptocurrency economy.