Security researchers have found an ongoing malware campaign that's targeting M1 MacBook models, and it now has the potential to steal a user's cryptocurrency information. Once malicious actors get a hold of this, say goodbye to your digital tokens.
According to IT security company Trend Micro, the XCSSET malware can now run on ARM-based M1 processors via Xcode — Apple's integrated development environment (IDE) used to develop software for the iPhone, iPad and macOS.
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The malware was first spotted in August 2020 (via The Hacker News) but has only recently been updated to attack M1-equipped MacBook models, along with stealing cryptocurrency information.
While the malware steals a user's private information on websites, it can also be used to impact cryptocurrency trading platforms by replacing the address in a user's cryptocurrency wallet with the malicious actors. Security researchers suggest users only "download apps from official and legitimate marketplaces."
Despite macOS Big Sur getting a boost in security, there will always be a new breed of malware for security researchers to deal with. While this hit mainly targets developers, this means there's a way for malware to slip past to infect more users.
This isn't the first malware to come to M1 MacBook models; we previously reported Apple's first malware threat to come to the tech giant's own ARM-based silicon.
(H/T Tom's Hardware)