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Transaction Hijacking

Definition

Transaction hijacking is a type of cyberattack where an unauthorized party intercepts and alters the details of a legitimate transaction before it is finalized. In digital asset contexts, this can involve manipulating the recipient address or the amount of cryptocurrency being sent. Attackers may employ various methods, such as malware on user devices or sophisticated network intrusions, to achieve this. The successful execution of transaction hijacking results in the illicit redirection of funds.