Topic: Best practices to prevent hackers from stealing our crypto assets - page 3. (Read 713 times)
February 26, 2023, 05:17:20 PM
I think that the point of educating yourself includes all other points.From all the books I have read on Cybersecurity from many vendors that offers a lot of training I have been able to spot one thing which is,user education and training is the most important part in any job a user perform and I am making for a second time the analogy here to emphasize how important it is education when it comes to digital assets like our cryptocurrencies are.I agree on everything and I would add to the list a point which is to use secure operating systems like Linux,while this alone won't help people who do not know what they are doing,it will drastically improve the security posture to people who know what they are doing.
February 26, 2023, 04:57:59 PM
The need for safe guarding our crypto assets cannot be overemphasised. It's best to be weary of the possibilities of hackers taking advantage of loopholes and strive to ensure that due care is taken to safe guard your assets. The suggestions by the OP is quite helpful but not exhaustive.
This has been the best option to secure your wallet, but of course hackers can still find a way so if you are not being careful with your holdings, you might fall on their trap and becomes a victim. Protecting our crypto is a must, you have to use every resources that you can have just to be more safe and not waste all your sacrifices, going offline can also be a good option, don’t over exposed online.As you have mentioned about going offline, I can also add that as much as possible, don't disclose your activities in social media.
With the generation today, a lot of them are posting every step of their lives in social media not knowing that their privacy is already exposed.
These scammers know who to hunt, and usually they can get their victims via online, what they are reading from these people.
So for me, not only offline wallets but also be discreet with your activities. There's no reason for you to publish that you have satoshis.
Unless, you want to boast it to the world that you have. But to safeguard your privacy, much better to keep it with yourself. You don't need approval from other people.
February 26, 2023, 04:56:01 PM
The need for safe guarding our crypto assets cannot be overemphasised. It's best to be weary of the possibilities of hackers taking advantage of loopholes and strive to ensure that due care is taken to safe guard your assets. The suggestions by the OP is quite helpful but not exhaustive.
This has been the best option to secure your wallet, but of course hackers can still find a way so if you are not being careful with your holdings, you might fall on their trap and becomes a victim. Protecting our crypto is a must, you have to use every resources that you can have just to be more safe and not waste all your sacrifices, going offline can also be a good option, don’t over exposed online. 
February 26, 2023, 03:48:32 PM
How do we keep our cryptocurrency assets? Because I researched various good practices that we can apply as holders. Because it is not enough that we know how to find good coins and which one to buy. But we don't know how to protect it.
In the cryptocurrency case, there are many hacked incidents although when I was just starting, I experienced my laptop being hacked and fortunately, I didn't have much important stuff saved in my file there.
Just like everyone said, hardware wallet and that is not even being creative. I know a few people who put their money into an address, and wrote down that address, and put that in a vault or something, not really a vault but definitely a safe, like the ones you see behind paintings in the movies. That's as paranoid as you can get.In the cryptocurrency case, there are many hacked incidents although when I was just starting, I experienced my laptop being hacked and fortunately, I didn't have much important stuff saved in my file there.
I don't really do that much safety, don't see the reason for it, don't have enough money to make it lucrative for any hackers, they would be quite disappointed if they hack me. But at the end of the day, there are levels to this and you can pick whichever you want, from putting it in an exchange, to having it written down, anything could be done.
February 25, 2023, 10:19:51 PM
7. Be careful with email and links :
This is where phishing attacks often come from, which are used by cybercriminals to steal sensitive information, credentials, and private keys.
Those phishing emails or links may appear from a reputable source such as a crypto exchange or wallet provider, and those who receive them will think it is the original website but it turns out to be a trap. There are so many incidents like this, that even crypto holders when they search on google, many fake websites will appear that they don't know are malware.
This is where phishing attacks often come from, which are used by cybercriminals to steal sensitive information, credentials, and private keys.
Those phishing emails or links may appear from a reputable source such as a crypto exchange or wallet provider, and those who receive them will think it is the original website but it turns out to be a trap. There are so many incidents like this, that even crypto holders when they search on google, many fake websites will appear that they don't know are malware.
This is the most important point, in my opinion, particularly for newbies. I have been receiving tens of links on e-mail or Telegram and all of them are scams. The number of scams/fishing attempts is increasing as much as the popularity of cryptocurrencies, because a lot of dishonest people see this domain as an opportunity. Unfortunately, even some experienced or crypto-influencers fell into these scams and lost money. Therefore, I think everyone should be well careful with every link and new connection they receive on various social media platforms.
I want to add another procedure, which is: don't talk about how much money you have in the form of cryptocurrency, especially on telegram, because these talks will make hackers/ scammers target you using different ways.
February 24, 2023, 03:25:11 PM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
You are right. Only use trustful devices to login into your wallets. That is, devices only you have access. Accessing wallets through devices which belong to other people, doesn't matter who they are, isn't advised, even if it's your father, mother or best friend's desktop or mobile.- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Even accessing your email in other's pc or laptop is not advisable. Our personal stuff should be stored and access only from our own devices. Because web browser often keep the cookies and details of the site and might be used as gateway to know our account details.
Not that they want to scam or sabotage you intentionally, but they might click wrongly, downloading viruses or malwares by mistake when browsing online, depending their level of knowledge and cleverness when spotting potential threats on the internet.
True often times people make a mistake of clicking links whenever it fascinated them. So for our cryptocurrency security, never access or setup our wallet address privatey form other people's gadget.
February 24, 2023, 02:13:20 PM
Yup, nicely suggested. Everyone has different choices though. For me I am always believing on my hardware wallet. Though I had it lost once and found it back, I had hard time recovering the wallet from the mnemonic phrases I had stored pretty well. That proved that having hardware wallet is safest place to keep your bitcoins in it. I lost it during our home shifting but it was found in new home in old furniture. In the process almost one year gone and my bitcoins were sitting just like that. I think that is enough to understand when its locked up then no one is touching it.
Only thing to keep in mind is, have the seeds, private keys safely stored somewhere which are away from any members. Having extra layer of security is always preferred. Who knows it could be million dollar worth wallet in the future.
Only thing to keep in mind is, have the seeds, private keys safely stored somewhere which are away from any members. Having extra layer of security is always preferred. Who knows it could be million dollar worth wallet in the future.
February 24, 2023, 01:16:50 PM
The need for safe guarding our crypto assets cannot be overemphasised. It's best to be weary of the possibilities of hackers taking advantage of loopholes and strive to ensure that due care is taken to safe guard your assets. The suggestions by the OP is quite helpful but not exhaustive.
February 24, 2023, 12:34:21 PM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
You are right. Only use trustful devices to login into your wallets. That is, devices only you have access. Accessing wallets through devices which belong to other people, doesn't matter who they are, isn't advised, even if it's your father, mother or best friend's desktop or mobile.- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Not that they want to scam or sabotage you intentionally, but they might click wrongly, downloading viruses or malwares by mistake when browsing online, depending their level of knowledge and cleverness when spotting potential threats on the internet.
February 24, 2023, 09:59:03 AM
7. Be careful with email and links :
This is the most important point, in my opinion, particularly for newbies. I have been receiving tens of links on e-mail or Telegram and all of them are scams. The number of scams/fishing attempts is increasing as much as the popularity of cryptocurrencies, because a lot of dishonest people see this domain as an opportunity. Unfortunately, even some experienced or crypto-influencers fell into these scams and lost money. Therefore, I think everyone should be well careful with every link and new connection they receive on various social media platforms.
It reduces the complexity of truly keeping safe a wallet if you regard that point as the only important one. OP's points are good even for newbies, I believe what most users need to comprehend is the nature of cryptocurrency whereas we are in control of our own belonging/private keys. With that in mind, we should be reluctant and keep a high alert if there is something that we deem suspicious when dealing with any of our personal belongings.
Some common sense like, if we create a wallet without submitting an email, and then there is an email that claimed we need to update those wallets is shady at best. So, that is the kind of thing that new users should be aware of.
February 24, 2023, 07:08:42 AM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Doing crypto in a internet cafe is just crazy given that there is a crazy amount of chance that the past users of that computer accidentally or intentionally installed a virus or malware. As long as it's confirmable in the blockchain, The transaction will be expected to be successful but if you were hacked, It's hard to expect that the wallet you are using still has the balance you are expecting. I believe that it is one of the basic security thing that all we should put in our mind, Use our own device only in using crypto. Imagine those people who did multiple security measurements, I know people who don't use crypto but still scared on connecting to public network because of the risk of getting hacked in it. It is one of the basic rules of crypto security, Always use your own device!`1- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
I agree, public internet cafe have lots of keyloggers installed, other even infect our USB with keylogger installer. It happens to me when my mother print some picture in an internet shop. The moment I open the USB to save another set of pictures, my Kaspersky antivirus alerted me and deleted the malware. If I don't have an antivirus, my pc system would have been compromised.
So we better be vigilant whenever we rent on internet cafe, always scan the flashdisk we use and make sure that it is clean before opening any file on that flashkisk.
Some people could install key loggers on internet cafe so its not good to use this place to log in your important details especially your online wallets since hacking might happen if you are playing cool around. Much really better use your own personal device to avoid this head ache causing incident. We know how hot crypto these days and for sure once there are people who find out that you use that and have huge balance on your wallet they might plan on how you could fall in there hand so avoid risky place and settle on your device since you can find the real safe place there.
February 24, 2023, 06:01:22 AM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Doing crypto in a internet cafe is just crazy given that there is a crazy amount of chance that the past users of that computer accidentally or intentionally installed a virus or malware. As long as it's confirmable in the blockchain, The transaction will be expected to be successful but if you were hacked, It's hard to expect that the wallet you are using still has the balance you are expecting. I believe that it is one of the basic security thing that all we should put in our mind, Use our own device only in using crypto. Imagine those people who did multiple security measurements, I know people who don't use crypto but still scared on connecting to public network because of the risk of getting hacked in it. It is one of the basic rules of crypto security, Always use your own device!`1- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
I agree, public internet cafe have lots of keyloggers installed, other even infect our USB with keylogger installer. It happens to me when my mother print some picture in an internet shop. The moment I open the USB to save another set of pictures, my Kaspersky antivirus alerted me and deleted the malware. If I don't have an antivirus, my pc system would have been compromised.
So we better be vigilant whenever we rent on internet cafe, always scan the flashdisk we use and make sure that it is clean before opening any file on that flashkisk.
February 23, 2023, 06:25:47 PM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Doing crypto in a internet cafe is just crazy given that there is a crazy amount of chance that the past users of that computer accidentally or intentionally installed a virus or malware. As long as it's confirmable in the blockchain, The transaction will be expected to be successful but if you were hacked, It's hard to expect that the wallet you are using still has the balance you are expecting. I believe that it is one of the basic security thing that all we should put in our mind, Use our own device only in using crypto. Imagine those people who did multiple security measurements, I know people who don't use crypto but still scared on connecting to public network because of the risk of getting hacked in it. It is one of the basic rules of crypto security, Always use your own device!`1- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
I agree, public internet cafe have lots of keyloggers installed, other even infect our USB with keylogger installer. It happens to me when my mother print some picture in an internet shop. The moment I open the USB to save another set of pictures, my Kaspersky antivirus alerted me and deleted the malware. If I don't have an antivirus, my pc system would have been compromised.
So we better be vigilant whenever we rent on internet cafe, always scan the flashdisk we use and make sure that it is clean before opening any file on that flashkisk.
February 23, 2023, 05:08:19 PM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
Doing crypto in a internet cafe is just crazy given that there is a crazy amount of chance that the past users of that computer accidentally or intentionally installed a virus or malware. As long as it's confirmable in the blockchain, The transaction will be expected to be successful but if you were hacked, It's hard to expect that the wallet you are using still has the balance you are expecting. I believe that it is one of the basic security thing that all we should put in our mind, Use our own device only in using crypto. Imagine those people who did multiple security measurements, I know people who don't use crypto but still scared on connecting to public network because of the risk of getting hacked in it. It is one of the basic rules of crypto security, Always use your own device!`1 - only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
February 23, 2023, 04:48:36 PM
There is only one thing I could add OP,
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
- only use your personal computer when accessing your wallet.
Because it can also be a reason why we got hacked when that computer is also infected with viruses and malware installed. Though I have no experience yet as I was anticipating such a thing, a friend of mine got that kind of experience when using the internet cafe. His transactions went successfully but when he access it the following day, he find out that it was empty already and notice some unpermitted transactions.
February 23, 2023, 04:31:29 PM
7. Be careful with email and links :
This is where phishing attacks often come from, which are used by cybercriminals to steal sensitive information, credentials, and private keys.
Those phishing emails or links may appear from a reputable source such as a crypto exchange or wallet provider, and those who receive them will think it is the original website but it turns out to be a trap. There are so many incidents like this, that even crypto holders when they search on google, many fake websites will appear that they don't know are malware.
This is where phishing attacks often come from, which are used by cybercriminals to steal sensitive information, credentials, and private keys.
Those phishing emails or links may appear from a reputable source such as a crypto exchange or wallet provider, and those who receive them will think it is the original website but it turns out to be a trap. There are so many incidents like this, that even crypto holders when they search on google, many fake websites will appear that they don't know are malware.
This is the most important point, in my opinion, particularly for newbies. I have been receiving tens of links on e-mail or Telegram and all of them are scams. The number of scams/fishing attempts is increasing as much as the popularity of cryptocurrencies, because a lot of dishonest people see this domain as an opportunity. Unfortunately, even some experienced or crypto-influencers fell into these scams and lost money. Therefore, I think everyone should be well careful with every link and new connection they receive on various social media platforms.
I want to add another procedure, which is: don't talk about how much money you have in the form of cryptocurrency, especially on telegram, because these talks will make hackers/ scammers target you using different ways.
February 23, 2023, 06:29:19 AM
What the author forgot is that there is a new scam going around called address poisoning attack. And it happened to me even. It’s only on the ETH and BSC chains.
Basically out of your address you will see a destination transaction. It will have the same first and last characters. However this transaction is not real. You will copy it by mistake and send money there thinking it’s to the same address as before. And it goes to the hackers. Basically very sneaky way of scamming people.
Basically out of your address you will see a destination transaction. It will have the same first and last characters. However this transaction is not real. You will copy it by mistake and send money there thinking it’s to the same address as before. And it goes to the hackers. Basically very sneaky way of scamming people.
Yes, criminals are evolving too, now we have this so called poisoning attack and sooner or later it will be bold and dare and it will be huge.
But at least, if we educate our selves, maybe, just maybe we can prevent this kind of attacks and we always need to practice safety precautions as well so that we will not be another statistics in the world of scammers. And there is nothing than to learn everything right away in the beginning of our crypto journey and not when you have stacked a lot of coins because the feeling of losing everything could be devastated.
February 23, 2023, 02:03:50 AM
Personally, I would gladly help other people to have knowledge with possible scams and the necessary prerequisite towards securing your digital assets. I think once you have understood that, you will have a better gauge on what you should or should not do with your crypto assets.
February 23, 2023, 01:42:45 AM
7. Be careful with email and links :
Not only do we have to be careful with phishing links, but we also have to be able to recognize well what a phishing link is and whether it is true that the link sent to our email is a phishing link so we won't get caught by it and it would be better if we don't use the main email which we usually use to register on exchanges to also be used to register on random websites because they can use our email by sending annoying things, and the best thing is to store our crypto in a hardware wallet if have one but not in an exchange or online wallet. February 22, 2023, 09:20:43 PM
In this list you should also include that avoid using cracked software/games in your PC/laptop or mobile. Because crack software/games can include virus that can monitor our keyboad and screens easily.
People need to also be very careful with the apps they install on their phones even if they get them through the app store, as there are many apps out there which are released by hackers and that ask for all kind of permissions they should not realistically need, but people download them anyway as they never check such a thing, then the hackers eventually get hold of important information like your seed words or passwords and eventually you lose all the money that you had in the different wallets you had installed on your phone. Jump to: