A specific kind of malware called spyware is designed to capture every action that takes place on an infected device and transmit it to a spy. Spyware’s main objective is to monitor a user’s online activities and gather as much information as possible, which the hacker can then utilize for their own personal gain, such as identity theft or selling the data to marketers.
Spyware is frequently spread to unaware users through malicious websites, which can be found through emails, chance pop-up browsers, or advertisements. Additionally, downloading files online has the potential to spyware-infect a device.
Spyware is harmful to cryptocurrency users because it has the potential to steal their private keys, enabling hackers to steal money. Because the blockchain is immutable, transactions involving stolen cryptocurrencies cannot be undone.