Crypto Clipper

Definition ∞ A crypto clipper is a type of malicious software designed to steal cryptocurrency. This malware typically operates by monitoring the user’s clipboard for cryptocurrency addresses and surreptitiously replacing them with the attacker’s own address. Users who then paste this altered address into their wallet for a transaction unknowingly send funds to the cybercriminal. Such threats exploit the user’s trust in the copy-paste function.
Context ∞ The prevalence of crypto clippers remains a persistent concern within the digital asset security landscape. News reports frequently detail the discovery of new strains of this malware distributed through various channels, including phishing websites and compromised software downloads. Security firms are actively developing more robust detection mechanisms and user education campaigns to mitigate the risks associated with these threats, emphasizing the critical need for users to verify transaction details meticulously.