There’s a NEW MALWARE in town that is stealing passwords through your web browser and then selling them on the DARK WEB for just $200.  

This new bad actor is called RedLine. It is an information-stealing malware that targets explicitly popular web browsers, including Opera, Microsoft’s Edge browser, and Chrome. 

Unfortunately, many people have come to rely on their trusty web browser to store and remember their passwords for them. RedLine takes full advantage of this. The group behind the code has found a way to crack the browser open and grab the passwords stored within. Even worse, RedLine isn’t just isolated to a single gang or group of cybercriminals; instead, it is being offered as a commodity on the Dark Web. That means anybody with $200 can buy a copy and start harvesting the credentials of anyone that Redline has infected. This will allow your passwords and credentials to be hacked repeatedly.

RedLine runs as the infected user, which means that all of their passwords are open to the person controlling the malware. Although it is highly convenient to store your passwords through your web browser, the bottom line is that it’s dangerous to have all of your passwords stored there. 

Given how RedLine is being marketed on the Dark Web, we can expect to see a surge in attacks using the malware in the months ahead. You can bet that Redline will target unsuspecting manufacturers, small businesses, professional offices, and non-profits. 

Read a little more about Redline and a couple of things you can do to protect yourself at IBTECH-LLC.com by clicking HERE.