Malicious Software Rilide Helping Cybercriminals Steal User Funds from Encrypted Exchanges

04/08/2023 07:29 • Metaverse Matters • 116 views

According to reports, researchers at Trustwave Spiderlabs claim that malicious software Rilide is helping cybercriminals steal user funds from encrypted exchanges. Rilide disguised itself as a legitimate Google Drive plugin for Chromium based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera. In addition to allowing cybercriminals to monitor the browsing history of target victims, Rilide can also inject “malicious scripts to steal funds from cryptocurrency exchanges”.

Cybercriminals use malicious software Rilide to steal user funds from encrypted exchanges

Recent reports suggest that malicious software Rilide is on the rise, and it is quickly becoming one of the most effective tools used by cybercriminals to steal funds from encrypted exchanges. According to researchers at Trustwave Spiderlabs, Rilide has been posing as a legitimate Google Drive plugin for Chromium based browsers such as Google Chrome, Microsoft Edge, Brave, and Opera.

What is Rilide?

Rilide is a harmful software that disguises itself as a legitimate Google Drive plugin. It masquerades as a useful and necessary tool for online users, and it can be found in various online forums and websites, often disguised as something else. The malware hides in the background of Google Chrome or other Chromium-based browsers, silently monitoring the browsing history of target victims.

How Does Rilide Work?

Rilide works by monitoring the browsing history of users, keeping an eye out for visits to cryptocurrency exchanges. Once it detects a visit to a crypto exchange, it integrates itself by injecting malicious scripts that allow cybercriminals to steal funds from the exchange. It does this by modifying or altering the page’s HTML code, allowing it to take control of the exchange and its transactions.

How to Spot Rilide?

Since Rilide disguises itself as a legitimate Google Drive plugin, it can be difficult to spot. However, some tell-tale signs can help you identify this dangerous software. If you find a Google Drive plugin that you didn’t install, be wary of it. Additionally, if you notice any suspicious behavior or pop-ups while browsing crypto exchanges, it’s essential to remain vigilant.

How can You Protect Yourself from Rilide?

The first step to protect yourself from Rilide is to ensure that your computer is always up-to-date with the latest security patches and updates. This will help prevent vulnerabilities that could be exploited by malicious software. In addition, installing reputable anti-malware software programs can help you detect and remove Rilide from your system.
It’s also critical to avoid downloading any software or plugins that you are not familiar with, especially if they come from unofficial sources. Additionally, be wary of any suspicious pop-ups or prompts while browsing crypto exchanges.

Conclusion

The rise of Rilide is a growing concern for online users, especially those who use cryptocurrency exchanges. Cybercriminals are exploiting this dangerous software to steal user funds, and it’s imperative for users to remain aware and vigilant of the risks.
Protecting yourself from Rilide involves staying up-to-date with security updates, installing reputable anti-malware software, and avoiding suspicious software or plugins. By taking these precautions, you can help protect yourself from cybercriminals looking to take advantage of your online presence.

FAQs

What is Rilide, and how does it work?

Rilide is a malicious software disguised as a Google Drive plugin. It works by monitoring a user’s browsing history to detect visits to cryptocurrency exchanges. Once it detects a visit to an exchange, it injects malicious scripts that allow cybercriminals to steal funds from the exchange.

How can I spot Rilide?

Rilide can be challenging to spot since it disguises itself as a legitimate Google Drive plugin. Be wary of any unexpected plugins or prompts while browsing, as well as any suspicious behavior while on a crypto exchange.

How can I protect myself from Rilide?

Protecting yourself from Rilide involves staying up-to-date with security patches, installing reputable anti-malware software, and avoiding suspicious software or plugins. Stay vigilant while browsing and be cautious of any unexpected prompts or pop-ups.

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