A malware framework called OkoBot has been running on Windows machines since April 2025, and one of its modules is built to con hardware wallet owners out of their recovery phrase.

On an infected PC, the request comes from inside the wallet's own desktop software. Sometimes it waits until you plug the device in first. The page is malicious. The app around it is the real one you installed, and the phrase is the wallet.

Kaspersky's GReAT team published the teardown on Wednesday, counting hundreds of victims in its telemetry across more than 25 countries. The largest share of attacked users is in Brazil, Vietnam, Canada, Mexico, and Türkiye.

How many of them typed a phrase in, the report does not say. OkoBot carries more than 20 payloads and implants and was still active as of the July 15 report.

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