Security Incident · Wallet
Electrum Fake software updates: $22.00M Reported Loss
An investigation by ZDNet revealed that hackers stole $22 million from users of Bitcoin wallet Electrum by enticing users to install fake software updates.
- Reported loss
- $ 22,000,000
- Attack category
- Fake software updates
Incident Overview
And this technique was highest in 2018. Since this attack was first discovered two years ago, the Electrum team has taken some measures to prevent this attack. But this attack still applies to users who use older versions of the application.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.