How the wallet is hacked, what should I do? - page 3.

Oasisman

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Quote from: Arkann on June 30, 2020, 01:46:07 PM

Quote from: Oasisman on June 30, 2020, 12:39:15 PM

Quote from: Leviathan.007 on June 30, 2020, 02:53:02 AM

As far as I know there are only a few ways for anyone to get access into your funds if you don't transfer them mistakenly to another address. (or by malware to change address in clipboard).

And the most common one is phishing attacks. That's how usually people get hacked.
They aren't just exposing their account and password to the hackers but including the private keys.
One effective action to counter this is to have a separate email password and If the wallet has an option to log-out to all of the device to delay the hacker's operation.
That's how people will realize the importance of 2FA and OTP's sent to emails before sending out to any addresses.

In addition, there is a very high level of security in those wallets where commands are duplicated for confirmation, namely, a code is sent to e-mail, a code is sent to a phone number and, accordingly, Google authentication.

Right! and well, talking about a high level of security then you need to familiarize and enable these layers of security from your wallet.
I have a local custodial wallet, and I won't be worried If somebody else is accessing my account, because first; I get notified through email about an unrecognized log-in from different device or on different location. Second, they need the OTP sent to my email again to proceed any actions that involves cashing out from the wallet. Lastly, I'll be receiving a text message from this custodial wallet confirming/denying of transactions.
So, as you can see breaching an account isn't easy as long as you won't be as dumb as giving out essential infos including email password or using only one password from your web accounts, wallet accounts, down to your email address.

mezzaluna

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Quote from: Hhoussam89 on June 28, 2020, 09:33:48 PM

Many people fall victim to a hack and this causes them to lose all of their cryptocurrencies
But how do the hackers enter the wallets that have a very high level of security?
Unfortunately, it depends on the ignorance of some people, not on software methods.
For example: When a message arrives in an e-mail requesting the private key, many beginners will respond to this message and send their key, which is really sad.

Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns

Do you have any other suggestions?

Yes! It is true that it really is hard to hack a wallet due to high level of security and people are getting hacked because of the their carelessness. People really need to take care of their Electronic Wallets because there will be a lot of threat that involves phishing. The fourth suggestion is really helpful and it really divides the personal emails and cryptocurrency emails apart.

South Park

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Quote from: Hhoussam89 on June 28, 2020, 09:33:48 PM

Many people fall victim to a hack and this causes them to lose all of their cryptocurrencies
But how do the hackers enter the wallets that have a very high level of security?
Unfortunately, it depends on the ignorance of some people, not on software methods.
For example: When a message arrives in an e-mail requesting the private key, many beginners will respond to this message and send their key, which is really sad.

Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns

Do you have any other suggestions?

One of the most common ways to lose your coins is to download your wallet from the wrong website, if you do that then you are most likely downloading a compromised wallet that will only generate the address of the hacker and once you send money there the hacker that also has the private keys of those addresses can move the coins to an address he controls exclusively, as such it is important to always check we are downloading our wallet from the developers and we take the time to verify it otherwise this could happen to you.

mace15

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Quote from: peterurb on July 01, 2020, 04:00:22 AM

I think, that people should behave as they have still some virus on their computer. If they have a lot of cryptos they should buy hardware wallet which saves private key on that device. The private key should be stored in an extremely safe place or you can buy some tin box for example from Trezor. It is a great thing for long-term saving - even 500 years.

Buying some hardware wallet is another option for storing coins since many users have been a victim of scam or phishing links. Let us really be aware of keeping safe our coins in a certain wallet as these days many scammers in this industry. A user should know how to store his asset to avoid of getting scam.

peterurb

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I think, that people should behave as they have still some virus on their computer. If they have a lot of cryptos they should buy hardware wallet which saves private key on that device. The private key should be stored in an extremely safe place or you can buy some tin box for example from Trezor. It is a great thing for long-term saving - even 500 years.

Lorence.xD

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Quote from: Yamifoud on June 30, 2020, 05:14:01 PM

Aside from OP's list,
Don't let other people know your wallet keys and never used another laptop/PC which you are not in control with when accessing your account.
Some cases may happen in accessing your account in computer shops have left unattended or not even close properly giving a chance for the owner/controller of the shop to trace what you are doing, and that possible they can access your account without any permission.

If we are wanting to keep safe all the time, we should also be careful in accessing our wallet. And as I said, better to have your own controlled PC (if we have nothing) rather than to compromise it.

Better yet is not to let people know that you are dealing with cryptocurrency in the first place, what I mean by that is that keep it your secret even to your closest people because once you tell them that then the domino effect starts, words will slip in their mouth even though they do not have a malicious intent and the word will pass on until it reaches someone with intent, you could've prevented it if you keep it to yourself in the first place. The reason that this schemes works is sometimes the perpetrator is an acquaintance of the victim (I do not know the statistics but most crimes show the same commonality).

Sanitough

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Maybe invest on other computer so you can separate your personal stuff and your assets.
I know most of us love to explore online and sometimes can't prevent ourselves from opening different sites and downloading files, these kind of activities makes us very prone to hacking or malware and we might install a malware without us knowing we had, also let us consider the ransomware, this is a serious threat and without a back up, all our information will be gone together with our crypto assets.

What I did on my own initiative is I back up all my personal information, passwords, files, private keys and etc, I save it in different USB, some are kept inside my house and the others are in other location, also, I have a laptop that I only use to access my assets, not using it for my usual browsing activity online, that's the way I protect my assets against the risk, may it be online or offline.

Yamifoud

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Aside from OP's list,
Don't let other people know your wallet keys and never used another laptop/PC which you are not in control with when accessing your account.
Some cases may happen in accessing your account in computer shops have left unattended or not even close properly giving a chance for the owner/controller of the shop to trace what you are doing, and that possible they can access your account without any permission.

If we are wanting to keep safe all the time, we should also be careful in accessing our wallet. And as I said, better to have your own controlled PC (if we have nothing) rather than to compromise it.

ReiMomo

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Quote from: Mpamaegbu on June 30, 2020, 02:04:32 PM

Quote from: maxreish on June 28, 2020, 09:54:53 PM

Not just with the email that contained suspicious links/phishing links. But there are also malware where you can get from uncertified and unlicensed downloading sites. I remembered my experience from signing up from mining websites and then they hacked my email and password and hacked my crypto coins.

I totally agree with you on the malware issue and that's why I advise people to not download from any untrusted site. Even on the Android playstore, I don't download any app that has below 4 star rating. If you must download, use a different phone from the one where you have important stuff on. It's that simple.

That is correct, that's why when I was downloading an app from the play store I read first the reviews and feedbacks. But that is different case from a very well known app, you can directly visit from the official website if you want to download an app wallet like Electrum or Mycelium.

A crypto wallet isn't easy to hack if they don't have the private key, but I don't know if that is working in malware infecting. If you have a huge amount of crypto I recommend buying a hardware wallet like Trezor or Ledger Nano S. because that are safe and most reputed wallets.
Double your security feature like enabling 2FA and your private key should also safe or printed in a piece of paper and keep in your wallet or even your money vault.

Mpamaegbu

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Quote from: maxreish on June 28, 2020, 09:54:53 PM

Not just with the email that contained suspicious links/phishing links. But there are also malware where you can get from uncertified and unlicensed downloading sites. I remembered my experience from signing up from mining websites and then they hacked my email and password and hacked my crypto coins.

I totally agree with you on the malware issue and that's why I advise people to not download from any untrusted site. Even on the Android playstore, I don't download any app that has below 4 star rating. If you must download, use a different phone from the one where you have important stuff on. It's that simple.

Arkann

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Quote from: Oasisman on June 30, 2020, 12:39:15 PM

Quote from: Leviathan.007 on June 30, 2020, 02:53:02 AM

As far as I know there are only a few ways for anyone to get access into your funds if you don't transfer them mistakenly to another address. (or by malware to change address in clipboard).

And the most common one is phishing attacks. That's how usually people get hacked.
They aren't just exposing their account and password to the hackers but including the private keys.
One effective action to counter this is to have a separate email password and If the wallet has an option to log-out to all of the device to delay the hacker's operation.
That's how people will realize the importance of 2FA and OTP's sent to emails before sending out to any addresses.

you need to have not only individual passwords, as you said, but nowhere else to use these email addresses, to which confirmation codes for certain actions from your cryptocurrency wallets come. it is also very strong And a very important moment for achieving the security of our money. In addition, there is a very high level of security in those wallets where commands are duplicated for confirmation, namely, a code is sent to e-mail, a code is sent to a phone number and, accordingly, Google authentication.

Oasisman

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Activity: 2828

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Quote from: Leviathan.007 on June 30, 2020, 02:53:02 AM

As far as I know there are only a few ways for anyone to get access into your funds if you don't transfer them mistakenly to another address. (or by malware to change address in clipboard).

And the most common one is phishing attacks. That's how usually people get hacked.
They aren't just exposing their account and password to the hackers but including the private keys.
One effective action to counter this is to have a separate email password and If the wallet has an option to log-out to all of the device to delay the hacker's operation.
That's how people will realize the importance of 2FA and OTP's sent to emails before sending out to any addresses.

Yatsan

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Quote from: Hhoussam89 on June 28, 2020, 09:33:48 PM

Many people fall victim to a hack and this causes them to lose all of their cryptocurrencies
But how do the hackers enter the wallets that have a very high level of security?
Unfortunately, it depends on the ignorance of some people, not on software methods.
For example: When a message arrives in an e-mail requesting the private key, many beginners will respond to this message and send their key, which is really sad.

Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns

Do you have any other suggestions?

That is why beginners must educate themselves specially they are new into this industry so that other people specifically hackers won't be able to stand a chance of taking advantage of their weakness. Actually the real safety of your wallet and account literally depends on you (owner) because you were the one who have created it and the main task you have to do it to take full responsibility of taking good care of your private informations.

All the suggestions stated by the OP above is agreeable to be done to avoid getting hacked. NEVER ever do entertain strange emails for there are lots of possibilities that it is a scheme to get your funds so if you were just a beginner, the first thing you must do is to keep yourself aware of the things that are unusual. The entire safety of your wallets lies on your hands so better educate yourself and be responsible on handling your wallet and account.

Negotiation

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The main reason for hacking wallets is to share our email password wallet keys with someone else Always be careful not to give out personal information before investing. This is more likely to happen in groups or new organizations so don't go to another site with your personal email Do not share passwords with anyone You can use a hardware wallet to avoid being hacked.

Leviathan.007

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As far as I know there are only a few ways for anyone to get access into your funds if you don't transfer them mistakenly to another address. (or by malware to change address in clipboard).
Your private key is your investment. Means if you share your private key to anyone, you are actually sharing your funds to that person. Try to use hardware wallet if you do really care about the security of your investment. For any airdrop/payment creating another wallet and don't use your main wallet address. Every time before you send bitcoins to someone ask for signed message and use encrypted messages for financial stuff.

coinfinger

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Added to all the points above I would like to add a vital point that is being used massively for hacks and people are just unaware of what wrong they did, so I am gonna share the vital method and a few small points.

- Hackers will lure you by giveaway offers and all they need is you to signup to their website and just claim the reward. Basically doing this they collect a lot of usernames and password and most of the guys use same username and password on almost all exchanges, wallets and everywhere so they get hacked.

A few small points

1- Never login to any link you get on emails.
2- At least check for SSL and make a quick habit of either googling links like I want to open bitclointalk then I only google case I know google wont give me phishing links.

ultrloa

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Quote from: Ifemini on June 29, 2020, 05:59:16 PM

Quote from: Hhoussam89 on June 28, 2020, 09:33:48 PM

Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns

Do you have any other suggestions?

You should know that storing your private key offline or online has little effects with careless peeps; so instead i suggest newbies to understand perfectly why they must keep their private keys personal and save, avoid evernote app or any notepad applications on your phone, avoid any clipboard application too.

Also, after having a different email for exchange platforms, and a different email for bounties and airdrops; always remember never to use your exchange platform on any airdrop or bounty websites that requires log in.

This is good suggestion and actually I do that for such a long time for proper account security since it's really hard to get hack and get broke in just a quick blink. We should remember that having a separate emails for everything is good for us although its quite hassle but I promise it's worth it since we can assure that we are away from the hack or any attempts will occur since our account is separately safe.

Emitdama

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Quote from: davis196 on June 28, 2020, 11:45:16 PM

Never use one password on all your accounts.

That's the absolute best method but it is hard because I myself use like 25 crypto websites and it is impossible to remember them all so I personally use strong password for wallets and exchanges while simple password for others.

Quote

4.Forget about airdrops.If something is for free,usually you are the product(or the victim).They are a waste of time anyway.

and if you still want to chase airdrops just use a temporary or separate email which was already mentioned in the OP.

Quote

7.Use the paid version of a good VPN.The free versions of VPNs aren't very good.

I have had multiple issues with VPN in past so I rather just suggest to use your own IP because I don't think anyone can hack you based on your IP address, or can they? If so please explain a bit more.

Ifemini

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Quote from: Hhoussam89 on June 28, 2020, 09:33:48 PM

Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns

Do you have any other suggestions?

You should know that storing your private key offline or online has little effects with careless peeps; so instead i suggest newbies to understand perfectly why they must keep their private keys personal and save, avoid evernote app or any notepad applications on your phone, avoid any clipboard application too.

Also, after having a different email for exchange platforms, and a different email for bounties and airdrops; always remember never to use your exchange platform on any airdrop or bounty websites that requires log in.

hulla

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Due to the issues of wallet hacking that happened this year and last year which i believe are the major strategies used by hackers and to prevent hacker attack is by using strong paid antivirus, never tell anyone about your holding, know the genuine site to downlaod your wallet app or wallet manager and dont open email or click on unknown source.

Topic: How the wallet is hacked, what should I do? - page 3. (Read 944 times)