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Hackers use fake Ledger apps to steal Mac users’ seed phrases

(Image by Tumisu from Pixabay)

By Bill Toulas

Cybercriminal campaigns are using fake Ledger apps to target macOS users and their digital assets by deploying malware that attempts to steal seed phrases that protect access to digital cryptocurrency wallets.

Ledger is a popular hardware-based wallet designed to store cryptocurrency offline (cold storage) and in a secure manner.

A seed or recovery phrase is a set of 12 or 24 random words that allows recovering the digital assets if the wallet is lost or the access password forgotten. Thus, it is meant to be stored offline and private.

Read more at Bleeping Computer

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