Theft of cryptocurrencies: how to protect yourself from hackers?

Most cryptocurrency exchanges, projects, and services boast of their reliable security systems. Users go through complex verification procedures and store many codes. But traders should remember that, despite this, there were enough cases when hackers broke into crypto platforms and stole funds from their users ’accounts. This can happen to anyone who cannot take measures to secure cryptocurrency wallets. Outwitting hackers is possible, but only with the help of the right actions.

Moreover, your wallet can really be considered very safe, but problems can arise not with it, but with the so-called connection points. And in order to understand how to protect yourself from outside interference, you need to understand what tools hackers use.

Check the address bar and applications

To steal your money from wallets, scammers often use browser mechanisms. One of the most common ways is to replace the address bar with another. You copy one link, paste it into the address bar, but there it is converted and displays the user on a completely different page. It’s difficult to protect yourself from this technology with conventional security tools, so you need to be careful. Just check the address or use the QR code.

You can also protect yourself from virus programs that replace this line if you do not download or install software that you are not sure about. Check your device periodically for viruses.

There are still cases when many hackers create sites that are very similar to the original ones but are actually fakes. To avoid theft, always check the https certificate. You can use the special Cryptonite extension and it will check fake links yourself.

Malware can find you not only on a computer but also on a mobile device. So try to download only reliable applications.

Check your browser

Hackers also use different changes in standard browser settings for their benefits. For example, you install new extensions, but fraudsters can use these programs to read the transmitted information.

Try not to install cryptocurrency extensions, although working with them is easier. It’s safer without them. And for transfers, it’s better to use the incognito function or keep a browser for transactions on the device.

Social networks and accounts

In social networks, you may also encounter attempts of fraudulent actions. To avoid this, only sign up for valid company accounts and communities. Do not trust external links, even if the social network itself urgently offers them.

Another method of fraud is hacked Slack bot. Through them, hackers can even send you a security warning. After that, they will transfer you to an external link where they will be asked to provide the user’s private key.

Pay attention to SMS, mail, and Wi-Fi

Hackers have learned to steal funds under the guise of two-factor authentication via SMS. For example, some services request a password that was sent to your phone to confirm the action. They can also receive trader data for any account tricking the server. To avoid this, you should not pass two-factor authentication on untrusted services.

Also, hackers are able to find information using your Wi-Fi routers. They can attack them and see the data were or from where you transferred the crypto. Social networks are also vulnerable, so refrain from transferring crypto from open Wi-Fi.

And finally, viruses can come to you in a letter to an email. Do not click on external links in the mail if you are not sure about the sender.