Singapore’s cyber security regulators caution that websites employing WordPress crypto widgets, especially price ticker and coins list plugins, can extract sensitive visitor information.
This reiterates the growing sophistication of hackers in their efforts to steal cryptocurrency.
The Cyber Security Agency of Singapore (CSA) explained that hackers use SQL Injection to exploit WordPress crypto widgets’ price ticker plugins. This technique targets data-driven applications, posing a serious security risk.
“Price Ticker & Coins List plugin for WordPress is vulnerable to SQL Injection via the ‘coinslist’ parameter in versions 2.0 to 2.6.5 due to insufficient escaping on the user supplied parameter and lack of sufficient preparation on the existing SQL query.”
From there, it was explained that users are subject to their sensitive information being extracted from the hackers, which puts sensitive information such as passwords and even crypto wallets at risk.
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“This makes it possible for unauthenticated attackers to append additional SQL queries into already existing queries that can be used to extract sensitive information from the database.”
In recent times, hacking has grown increasingly sophisticated, fueled by the growing amounts of money in the crypto industry.
Sophisticated Hacking Trends on the Rise
In December 2023, BeInCrypto reported hackers conducting phishing campaigns on Google and social media, resulting in the theft of millions of dollars in crypto from victims.
“A ‘Wallet Drainer’ has been linked to phishing campaigns on Google search and X ads, draining approximately $58M from over 63K victims in 9 months.”
However, Chainalysis highlighted in its recent crime report that revenue from crypto hacking decreased by approximately 54.3% in 2023 compared to the previous year.
Furthermore, Scam Sniffer found that Wallet Drainers took about $295 million from around 324,000 victims in 2023.
Read more: 15 Most Common Crypto Scams To Look Out For
However, individuals in the crypto industry must remain vigilant against crypto wallet hacks and also their social media accounts.
Hackers are increasingly targeting influential social media accounts to spread malicious links to a large following, which presents a potentially more lucrative opportunity for them.
In September 2023, Ethereum co-founder Vitalik Buterin had his X (formerly Twitter) account compromised. Shortly after hackers took control of the account, they posted a fraudulent ConsenSys link, swindling almost $700,000 from unsuspecting followers.