Definition ∞ A malicious extension is a software add-on for web browsers that secretly performs harmful actions, often without the user’s knowledge or consent. In the context of cryptocurrency, these extensions can intercept sensitive information like private keys or seed phrases, redirect transactions to attacker-controlled addresses, or inject phishing prompts into legitimate websites. They exploit browser permissions to compromise digital asset security.
Context ∞ News reports frequently warn about new forms of malicious extensions targeting cryptocurrency users, detailing methods of distribution and preventative measures. The ongoing discussion centers on browser security improvements and user vigilance in verifying extension legitimacy. Future developments include enhanced browser sandboxing, stricter extension store policies, and advanced threat detection systems to combat these evolving digital threats.