hackers becoming smarter than exchanges? - page 22.

coinfinger

sr. member

Activity: 1638

Merit: 278

Quote from: CoinEraser on August 01, 2018, 07:21:27 AM

Quote from: MaryClark12 on July 31, 2018, 03:26:05 AM

Blackhat hackers are becoming smarter, they can easily break through the layers of security that programmers write to protect their bitcoin, but with their intelligence to attack the back door to serve. for theft, profit for yourself.

The whole time exchanges were already hacked. This is not very new, but always a big problem for exchanges. No exchange is 100% safe. There will always be new ways to hack such pages. Therefore, my constant advice, no longer leave coins there as necessary. Wink

You can say these exchanges always complaining about hackers and some other related stuff. But this isn’t affecting you people. You can assume such risk factor before coming into practical world. When selection of exchanges is under concern, you must be sure that what you are going to select, must be less risky than others. So, go for it and have a good trading season.

Yelosita

newbie

Activity: 30

Merit: 0

Quote from: viananda2525 on August 02, 2018, 10:11:27 PM

hacker has various technique.their knowledge improved and technology support their skill.so no doubt hacker now being smarter than before and able to penetrate in crypto exchange security system.

Hackers are people who can break through computer security systems to get what they want. They work with great discipline to be able to enter the network they want to crack, even through very small gaps, so theft can occur.

Sometimes it even involves insiders. For hacked crypto exchanges that lose millions of dollars, prove that the level of security is still not perfect. Hackers always improve their knowledge and techniques so that their work is successful, on the other hand crypto exchange also improves their security system so it can not be hacked.

zubrr51

member

Activity: 294

Merit: 11

The main goal of hackers is to steal someone's money from an electronic account. To do this, they constantly improve their skills.

DigitalCyberius

member

Activity: 129

Merit: 11

Maybe by design? Or greed and corruption from the inside? Or maybe just really smart hackers and/or new technology to help them hack. One thing's for certain, knowledge and technology is on an exponential curve, and exchanges are going to need to outsmart and outtech future hackers. Especially with the onset of artificial intelligence, quantum computers, etc.

The Cyberius team.

victoryana

newbie

Activity: 154

Merit: 0

Hackers today have so many tips that they can steal user information and steal user money, so we need to be more careful and absolutely confidential information of wallets or important information related. our property

viananda2525

full member

Activity: 1130

Merit: 133

hacker has various technique.their knowledge improved and technology support their skill.so no doubt hacker now being smarter than before and able to penetrate in crypto exchange security system.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: gunhell16 on July 31, 2018, 03:32:29 AM

hackers are hackers, scammers are scammers...
they are in every corner of the world.
all we need to do is to be careful and keep in safe.
exchanges will do their work and will try to put walls that hackers can't get in.

But we have seen time and time again that is not the case, hackers have all the time in the world to find the smallest vulnerability in a system, this is why it is not recommended that you keep your coins in an exchange because if the exchange is hacked most likely you will be hacked as well, while it is very unlikely that you are going to get hacked if you are a small holder of bitcoin.

chainedblocks

newbie

Activity: 83

Merit: 0

Quote from: RobotNIK on July 27, 2018, 05:37:50 AM

In my opinion, each new protection only requires no standard hacking. Any protection can be bypassed, only skills are needed!

There is no such thing which can help us in believing this thing that hackers are not well equipped and that they can’t do anything and that there is no such need to take precautionary measures to stay away from such people. With advancements, hackers have also started using modern technologies and that you can only stay safe if you have enough of the knowledge and that you are taking all the necessary measures.

shawn995

full member

Activity: 350

Merit: 100

I think hacker are not "smarter".They are simply more engaged and constant at seeking and discovering circles and holes in the security of the crypto exchanging platforms.Most of the crypto trade stages just don`t need to put more cash into their security,that`s why they get hacked constantly.
The hypothesis about every one of those "hacked" leave tricks is not dependably true.Nowadays it`s simpler to locate the genuine character of most crypto trade proprietors.

taiwww

sr. member

Activity: 588

Merit: 257

They are not getting smarter than the exchangers, because they are already smartest to be able to hack the great security backed exchanges. Dont you think that it is for real that how they go through the links, and hack most secured crypto exchanges ever built. Sometimes I feel that its we human who create an error based scripts and codes which always have loop holes in them and thus hackers can easily get into it and steal whatever they want. Basically this might be done through the accounts that people create over it and with smallest error they catch the fish. It could be lot of bugs and errors thats causing this.

ucingucingan

member

Activity: 322

Merit: 10

of course there is always a gap for each technology, no matter how small the gap is, it will certainly be utilized to the maximum extent possible by hackers, so it's true that hackers are smarter than exchange, therefore there are some exchanges recruiting hackers to join them so that exchange they are quite safe

pragna

full member

Activity: 1582

Merit: 101

Obviously hacker are smarter and they know much there is no doubt. But i mention here if anybody create anything he should make its security power more and more as it gives you income. So team of any exchanger committee should more smarter then hacker. When you taking risk of lot of peoples financial system you should more and more careful otherwise you will lose your system as Etherdelta happen. So i think team of owner should more and more careful.

dire-2002

newbie

Activity: 33

Merit: 0

I think it comes from the subjectivity of the security mechanisms of trading platforms. They do not improve and extend the security options for users. That's why hackers exploit and cause panic for investors and market trends.

Karakas

jr. member

Activity: 129

Merit: 1

maybe this will be a strong example or who has more intelligence or knowledge that will kick the weak, the exchange site owners should employ hackers in their company

Dudeperfect

hero member

Activity: 1190

Merit: 534

I don't think that there is something more on hackers side but there is a high probability of having something less on the side of the exchanges. It is true that hacking incidents are scaring new investors but there is a lack of awareness among the people so they highly rely on the websites to keep their funds secure. It is the need of the hour to spend more resources on security precautions for the exchanges to hold and bring back the trust of investors.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

It is obvious that the hackers are smarter than the exchanges because if they are not smarter than the exchanges then it would be impossible for them to hack or bypass the exchanges to stole some of the cryptocurrencies or money in a certain exchange. They have a lot of information that they can use in order to bypass so they are clearly smarter.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: gunhell16 on July 31, 2018, 03:32:29 AM

hackers are hackers, scammers are scammers...
they are in every corner of the world.
all we need to do is to be careful and keep in safe.
exchanges will do their work and will try to put walls that hackers can't get in.

You know everyone becomes smart as technology advances, when hackers get smarter, of course exchanges will also get stronger security, they will not stand in place dude, they must upgrade their security, so you don't have to worry, yeah all you have to do is stay cautious..

Nolimitz84

sr. member

Activity: 980

Merit: 252

I am sure that now someone is sitting and working on in order to protect investors from fraud.Let's be patient and soon we will see the crypto world without scams

crazymelons12

jr. member

Activity: 238

Merit: 4

Hackers are really taking so much time and effort to steal large amounts of money in cryptocurrency, no wonder these large exchanges could not hold as much to prevent hacking. And you maybe right about it, they might have bypassed the security systems of the Exchange before they were able to upgrade it. They are innovative and experts so there are always a potential threat from these hackers. But I know for certain that these can be blocked if they would upgrade their sysytems and hire more experts to monitor attempts of hacking.

ghermghuda

jr. member

Activity: 284

Merit: 5

You are right buddy! The hackers are scaring away the new investors for the fact being that their funds may not be secure and that people will take them away. But I don't blame exchanges fully. We are still under development as a new venture (I mean cryptocurrencies ) and so it might take sometime for us to get ourselves established.

Topic: hackers becoming smarter than exchanges? - page 22. (Read 4760 times)