As cryptocurrency becomes more popular and adoption increases, we see a related increase in the number of cybercrimes, fraud and malware. Criminals like to hunt and loot where there is money! If you pull cryptocurrencies or use web 3 platforms, you should be careful.
Among other risks, the last method is to use a cryptography drainer! Crypto drainters are malicious code injected into software and web pages that compromise the victim’s cryptographic portfolios or secret keys to empty the accounts.
This can be accomplished through:
Phishing websites, emails, texts and other social engineering practices
False outdates, competitions and advertisements
Malicious digital contracts
False exchanges, markets and cryptography services
Malicious or malicious browser extensions
Crypto drainters are being produced for a scale within the cybercriminal community, with drainage tools as a service offered to less informed budding fraudsters. These packages include malware, applications, social engineering functions and back-end infrastructure to manage unauthorized large-scale asset transfers. Some are delivered with management dashboards to supervise the progress of all victimization, documentation, tutorials, system updates and customer support!
Kits start at only $ 100, which is a low bar for many unscrupulous cybercriminals. The appeal of high awards, low efforts and a small investment will continue to bring a lot to the dark side. Personal and business cybersecurity practices must be used.
Certain key recommendations to protect cryptographic wallets include:
1. Activate multifactric authentication (2FA or MFA) when available on your wallets
2. Use hardware portfolios or cold wallets for maximum safety
3. Do not be sentence or socially designed! Never click on a questionable link, install unreliable software or provide your private keys!
4. Avoid browser extensions! They can divert your web pages and everything you enter them.
5. Secure your private seeds and keys in a password or offline manager.
Monitor your wallets for an unusual activity – although if you see, it will probably be too late for this wallet!
Cryptocurrency is excellent, but like any innovative and disruptive technology, attackers are motivated to find creative ways to victimize users! Understand the risks, act safely and be careful.
https://www.youtube.com/watch?v=o0QQMDB0U0E
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*** This is a unionized blog of the network of safety bloggers from Information security strategy Written by Matthew Rosenquist. Read the original message on:
