Understanding and Protecting Against Clipper Malware

Get to Know Clipper Malware

Clipper malware is a significant threat to crypto market users and traders, as it targets the clipboard functionality, especially on computers, to alter wallet addresses during transactions. This malicious malware can lead to significant financial losses if not addressed properly.

Here, we would like to inform Trendo’s users about this malware and introduce useful ways to safeguard your finances.

How Clipper Malware Works?

Clipboard Manipulation: Clipper malware compromises the clipboard functionality on the user’s system. When a user copies a wallet address, the malware replaces it with the hacker's wallet address. This happens seamlessly, often without the user noticing the change.

Financial Impact: If the user proceeds with the transaction without verifying the address, the capital transfers to the attacker's wallet, resulting in a permanent financial loss.

Additional Risks: Besides changing wallet addresses, Clipper may also steal private keys if they are copied and pasted using the clipboard, resulting in hijacking the whole account.

How Does Clipper Get in to Your System?

Clipper malware is typically distributed through:

Unofficial Apps and Plugins: Downloading apps or plugins from unofficial sources increases the risk of infection. It is noteworthy that many users accidentally install these harmful apps while looking for software in their own languages or through unofficial sources, often because of restrictions in their countries or other reasons such as the sources’ URL distortions.

Phishing Emails: Malicious attachments in emails, often from unknown sources or from impersonated familiar contacts, can install the malware on a user's device.

Compromised Websites: Visiting compromised websites can lead to the download of Clipper malware.

Due to the prevalence of Clipper scattering, there has been a recent surge in Clipper malware attacks, with a notable spike on August 27, 2024, affecting many users worldwide.

How to Protect Yourself from Clipper

To safeguard against Clipper malware, we encourage our users to follow these best approaches:

1. Double or even Triple-Check Wallet Addresses: Always verify withdrawal addresses before confirming transactions to ensure no malicious alterations have been made.

2. Verify App Authenticity: Only download apps and plugins from official sources to avoid malicious software. Trendo is available only through official App Stores like Apple App Store or Google Play, or directly from fxtrendo.com.

3. Use Security Software: Install and maintain up-to-date security software to protect your devices from malware, especially when using browsers in Windows based operating systems. The mobile devices have shown less infection compared to Windows based operating systems.

4. Use Alternative Verification Methods: Consider taking screenshots of withdrawal addresses and having the recipient verify them to prevent text-altering malware.

5. Control Your Clipboard: Consider using clipboard management tools that can alert you when your clipboard is used or modified.

6. Stay Informed: Stay up-to-date with security advisories and updates from reputable sources.

Additional Security Actions

While focusing on Clipper malware, it's essential to maintain a robust overall security measures:

Use Biometric Authentication: Where possible, use Face ID or Touch ID for secure login or per transactions.

Enable Two-Factor Authentication (2FA): Via 2FA, even if someone gets access to your password, they won’t be able to execute transactions without your consent and your account’s overall safety increases.

Regularly Update Your Software & Operating System: Ensure your operating system, browser, trading platform, and security software are up-to-date.

Monitor Account Activity: Regularly check for suspicious activity in your accounts. At Trendo, you can track all your devices, logins and more. For more information please read our article “User Safety is Our Top Priority at Trendo”.

By understanding how Clipper malware operates and implementing protective measures, cryptocurrency traders as well as users that hold their cryptos on any platform can significantly reduce their risk of falling victim to this threat. Education and vigilance are key in maintaining a secure environment for cryptocurrency transactions.

Report Suspicious Activity

If you notice anything unusual, contact our 24/7 Support Team or use the live chat feature on on fxtrendo.com, and our team will help you.

Security is a Shared Responsibility

At Trendo, we've built a secure infrastructure—but maintaining that security is a shared effort. Through informed actions and smart decision-making, together we can create a safer trading community.

Trade Safe. Trade with Confidence. Trade with Trendo.