If you want to do the client desktop analysis, we need to start with unpacking the asar archive. After further investigations, it was revealed that personal information including first and last names, postal addresses, and phone numbers of 9500 customers were also exposed. A badly transcribed digit or worse, the loss of even one digit could cause the private key, and consequently our wallet, to change. “We recommend you exercise caution — always be mindful of phishing attempts by malicious scammers. It asks users to download the latest version of Ledger Live, via an email embedded link, and reset their PIN numbers. As Decrypt reported in late December, over a million customer emails were stolen from Ledger and made publicly available on a hacker site. Users noticed that a phishing email takes them to a cloned version of Ledger’s website. The scam is coming from a non-eye catching but definitely non official email @ledgersupport.io luring users to download what is promised to be a new version of Ledger Wallet. The implementation of this feature was defined in BIP 39 (Bitcoin Improvement Proposal). On the other hand, however, there are a few stylistic and structural aspects that might initially lead a user to believe the validity of the email. To put it simply, Ledger will never ask you for the 24 words of your recovery phrase. The attackers are allegedly sending emails to Ledger users, informing them that their wallets have been compromised in a security breach affecting thousands of users. Beware of phishing attempts Ledger users are continuously targeted by phishing attacks on social media, search engines and via email. Unfortunately, this tool is malware and it seems as though the purpose is to try and get your wallet's seed. bengy 75 • Oct 26, 2020. The company confirmed the phishing attack and urged users to be cautious. Recently, there has been much discussion about a cunning attempt by phishers against Ledger and its users. Let’s focus on the folder node-modules to eliminate a hypothesis, which is a possible pollution of third-party code. Simply by camouflaging the request as “legitimate”. I also appreciate donations, they allow me to continue doing my work and writing. Ledger will never ask you for the 24 words of their recovery phrase. After detecting the device, the application calls another function named WriteSeed, which asks the user for the seed of the wallet to restore. If the verification on the message fails, the email provider should already trash the email by marking it as spam. The service used to send the phishing email is Sendgrid, when in reality Ledger uses Shopify ― a popular e-commerce platform that is integrated with Iterable. Ledger has issued a statement that the July incident seems to be disconnected from this recent phishing campaign. In summary, the email warns of an alleged hacking attempt on Ledger servers that may have put a user’s funds at risk, so it invites users to set a new PIN. The hardware wallet is considered a good solution for users looking for the right balance of security and portability for a wallet. the Javascript files that will run when the software starts. Done this way, the attackers will attain the seed. Through the analysis, though, we were able to detect that the code was not obfuscated and the email contained some different errors each time (with non-existent headers and buttons like images). Note the misspelling of the word “ledger”: an important clue in any phishing email is the slight misspelling of a real address or URL.Â, Phishing attempts are becoming more common with the recent rise in the crypto market, and attackers’ attempts are becoming more sophisticated, resembling official company correspondence. Do not trust unsolicited calls, emails, and online messages. Stellar Staking Marathon Email-phishing Scam — An email-phishing campaign targeting Stellar (XLM) users that started on June 25th, 2020. Further confirmation of this finding comes from the links “Unsubscribe” and “Open mail in browser”, which are all Sendgrid.net. Magic Internet Money podcast host, Brad Mills shared today an incident where a Bitcoiner lost $50,000 or what was presumably his life savings to the Ledger phishing scam. This is very insightful! As compared to the “media” phishing campaign, this attack was well-constructed. At the time, it resulted in the exposure of as many as a million customer email addresses. The email, moreover, addresses the user by name. Global Crypto reviewed one of these phishing emails, sent from “, ”. Bitcoin wallet provider Ledger got compromised again by a malicious phishing attack as some users received emails with software that led to a loss of funds so let’s read more in today’s crypto news. A simple diff between the “malicious” version and a simple npm install denied that attackers had introduced malicious code into the libraries. During the wallet recovery phase, cybercriminals … Now, our focus shifts to the .webpack folder. How To Spot A Ledger Phishing Email Scam. The words-input field containing the 24 words of the seed will be sent via a POST request to the end-point https://loldevs.com/telemetry/register.php. When he is not too busy with work or studies, he enjoys playing a good round of golf. Criminals are becoming ever more resourceful when it comes to trying to steal your crypto. ...It's 1) better than any phishing campaign I've seen before 2) better than a lot of actual breach notification emails I've received (esp from smaller, non-US, etc. A new Ledger phishing email - be careful! Normally, marketing emails are sent from “[email protected]”. This was most likely designed for tracking purposes. , where approximately 1 million email addresses were exposed. companies). The attack is linked to a leak of the data of the site’s customers in July 2020. This seems to have, in a way, potentially foreshadowed the July incident. The solution is the representation of the private key through a list of words. Ledger’s Nano wallets, along with other brands and types of hardware wallets, are oftentimes used by participants in the cryptocurrency space who are in possession of large amounts of funds. A private key can be encoded in a seed, which is a group of deterministic words to more easily manage the backup of a portfolio. Ele comenta no fórum que recebeu o email da empresa há cinco dias. We immediately notice that the function connects to an unofficial domain https://loldevs.com. However, this is not always enough, as we will see in the following paragraphs. ]com” (note: xn--ledgr-9za.com) where they are invited to download the latest version of Ledger Live in order to recover the wallet. More about me. Ledger stores the private key (the numerical representation of the seed) in a hardware element that is considered secure. There have been several reports mentioning a phishing email, which some Ledger users received. Ledger does not authorize third parties to provide customer support on its behalf. Never give anyone, including Ledger, your 24 word phrase. As soon as you receive a so-called Ledger communication via text message, WhatsApp, Telegram, phone call or postal letter, assume that It is a phishing attempt, report it as spam, and block the sender. The fraudulent notice warned users of a security breach on Oct. 24, 2020, which put … Customers raised the alarm on October 24th, when several users reported a suspicious e-mail bearing the company’s logo. Even if you don’t receive any phishing emails or extortion attempts resulting from the Ledger breach, the exposure of your personal information does put you at risk for other attacks, including SIM-swaps and increased targeting of your other exchange accounts and cryptocurrency holdings. Never send your 24-word recovery phrase to anyone sending you a private message, never enter it on any website or software, including software that looks like it is from Ledger. As documented in a recent article entitled “Addressing the July 2020 e-commerce and marketing data breach” that was published on Ledger’s blog, it seems that in early July 2020 the company’s database was compromised by unidentified third parties. The list of words has been composed by a certain criteria: a) four letters are enough to identify the word (as an example: admi, we are sure that it corresponds to admit ― in the dictionary ― and not to administrator); b) simple and clear words (no conjugations, no plural); and c) words ordered alphabetically. As an example, which is easier to keep: 1abc3dte02sl7opn1a59sls or apple tree banana? So, basically emails of customers or possibly email subscribers were taken. Among the cryptocurrencies supported by Ledger’s hardware wallets are Bitcoin, Ethereum, Monero, and many others. It is believed that the attackers are using the email addresses obtained during the ledger breach discovered in July 2020, where approximately 1 million email addresses were exposed. Shortly after the hack, some Ledger owners began receiving threatening Bitcoin ransom emails. He appreciates a good cup of coffee. Ledger Clients Receive Phishing Scam Emails, It is believed that the attackers are using the email addresses obtained during the ledger breach discovered. The link sends the user to the domain “hxxps://ledgėr[. The site tricks them into downloading malware and uses the opportunity to steal money from the person’s account. During the course of the past week, as the price of Bitcoin continues to rise, Ledger users have reported receiving an “oddly convincing” phishing email.Â. Ledger urges users to report alleged scams to the community by using: #StopTheScammers. It is very easy to guess how it works. Beware: Latest Ledger Email Phishing Scam Making The Rounds. Renowned cryptocurrency wallet provider, Ledger, has fallen prey to yet another phishing attack. Under the hood, we find that the Ledger Live application was developed with Electron, a multi-platform framework based on Chrome and Node.js that allows the development of Javascript-based applications. Often the technique used to create phishing emails is spoofing ― i.e. Asar is a simple archive file that works in a similar way to the TAR archive, concatenating the files together. This is our second red flag. Today, I had received a pretty weird email … "https://loldevs.com/telemetry/check.php", 'https://loldevs.com/telemetry/register.php', I would like to thank a lot Inge- for emails and, “Addressing the July 2020 e-commerce and marketing data breach”, “Our Ecommerce Database Has Not Been Hacked”, Deobfuscation and Understanding a Trojan Jscript, How Ledger devices secure your Bitcoin and other cryptocurrencies, What makes it, and other hardware wallets, vulnerable to phishing attacks, Exactly how this phishing attack was executed, from spoofing the email to obtaining the assets, The mechanisms attackers used to entice victims to install a fake client update, How the client worked, from high-level concept to the internals of the Electron App, What made it all possible: Where the attackers obtained the data, and the lackluster disclosure. While we wait for further updates from Ledger, do you think it is best practices for a company to keep your data for so long? From the email to the domain, everything was prepared in an almost meticulous manner. The only way to obtain the private key or seed from the attacker’s point of view is to ask the user directly. Ledger. As covered by CryptoComes, in July the malefactors launched a fake email newsletter impersonating the Coindesk crypto media outlet. Earlier in the year, it appears that Ledger had suffered a leak of email data on it's shop page. WARNING. To do this, we install the asar utility from node.JS: Let’s start the extraction of the package: This is where the fun begins. This is largely due to the fact that each email has a score assigned with it, according to technical parameters such as false signatures, blacklisted words, etc. The most important products of this company include the Ledger Nano S and the Ledger Nano X, which are hardware that integrate secure elements to administer wallets for multiple cryptocurrencies. Andrew is a law student currently studying at UNISA, and Global Crypto's in-house reporter. Do not provide any personal information. How? This is our second red flag. Following the breach, Ledger users were targeted by scammers and phishing attacks, some of which attempted to lure users into downloading fake Ledger The fake version of the website has a homo glyph in the URL replacing the letter “e”. Often attackers modify third-party libraries by blurring malicious code, because some security analysts take for granted that the libraries are safe. The initial menu consists of various items such as “Initialize a new Ledger Device”, “Reset”, “Use”. Many people, most importantly Ledger users, have openly worried how a data breach of Ledger is even possible ― especially since Ledger touts itself as one of the leading companies in the hardware wallet market and assures transparency and security. If you are not careful you could give them everything they need to empty your Ledger wallet. It sounded kind of legit at first glance. Phishing attacks reported to be targeting Ledger users with emails claiming the Ledger Live severs have been found on 24th of October 2020 to be infected with malware. While it may be true that Ledger found malware in its servers, you can rest assured that your funds are not in danger. Init_InitC is one of the first functions and methods that are executed by the application and shows the start menu when the application starts. LeoFinance Community 6 min read 1038 words. If the score is too low, it is marked as spam. 30% Of UK Investors Feel It’s Too Late To Invest In... Is The SA Reserve Bank About To Clamp Down On Crypto... Western Cape Government Commits to Blockchain Development at Blockchain Africa 2019, Lucky Trader Buys R150k Worth of Bitcoin For R736 On VALR. The CTA link.supportledger.io/ls/click?=id is structured in a way where the id is unique for each email sent. Please be very cautious. Returning to the body of the email, a third red flag is discovered by analyzing the content of the text. Electron uses a special packaging to store the source files of the application, called asar. The phishing email further urges users to download the supposed  “latest version of Ledger Live” in order to set up a new PIN for their wallet. This is the first red flag that should instill some doubt on the validity and intent of the email. — Ledger (@Ledger) April 25, 2019 While the French-based leading hardware wallet company assured their users that the phishing software did not originate from Ledger, nor did it affect the app’s intrinsic security or functionality, the problem remains that this malware can easily dupe inexperienced or distracted users into revealing their private data, as it looks so authentic.
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