Hello everyone! 👋
I suppose many of you have already seen the statement from Binance after issuing a security alert, mentioning especially a large number of users infected by InfoStealer type malware. This malware aims to extract information from the infected user, such as passwords, private data stored in browsers, or information related to cryptocurrencies.
This type of malware easily infects our devices, whether through fake ads, installation of counterfeit software, fraudulent browser extensions, or through phishing. In summary, with just one bad download on an erroneous site, your device will end up completely infected.
This makes one thing clear: security does not only depend on Binance or any other exchange; it also depends on us. We must take our part of the responsibility. It's easy to make mistakes, and even easier to underestimate the risks.
In this post, I will talk in detail about cybersecurity, mentioning some points and actions that you should turn into habits if you want to keep your funds and data as secure as possible.
What are the main threats in the crypto world? 👀
In the world of cryptocurrencies, cybersecurity is crucial. These are some of the most common threats you may face.
InfoStealer type malware: As mentioned before, this type of malware infiltrates your device and steals confidential information, such as passwords, seed phrases, login cookies, or automatic accesses to exchanges.
Phishing: There are fake websites that pretend to be the official platforms and trick you into entering your data. These attempts are usually sent via email, social media, or ads.
Malicious browser extensions: Some extensions that seem harmless are capable of stealing sensitive data, even manipulating transactions that you see on your screen.
SIM Swap attacks: This involves the attacker cloning your phone number to access your accounts through SMS verification as the only security method.
Public WiFi networks: How many times have you seen a free WiFi sign and thought: Great, I won't waste data!?
Well, this can allow attackers to intercept your data and passwords.
What are the most common mistakes? 💥
These mistakes, although they may seem simple, are very common and can put your funds or personal information at risk.
Storing passwords and seed phrases in the browser or mobile notes: It is so common that many people see it as normal, but it is one of the simplest ways to put yourself at risk, allowing any malware or unauthorized access to steal your information.
Reusing passwords across different platforms: Yes, creating a secure password with 20 characters, numbers, and symbols is very tedious. But if a hacker gains access to one of your accounts, the first thing they will do is try that password on other sites.
Not using two-step verification (2FA): Many times when creating an account, it is left disabled. Then you get the typical alert saying "You have two-step activation pending" and you ignore it. Don't take long, it's 5 minutes or less that you invest in your security.
Trusting messages or emails with suspicious links: Although they may seem real, they can be phishing attempts. Remember that this type of trick is one of the most common.
Not updating device software or antivirus: Updates are not just visual improvements; many times they fix security flaws. If you have any pending, don't leave it for later: update right now.
How can you protect yourself?💪
Here are some points I recommend to reduce risks.
Disable unnecessary functions like password autocomplete in browsers: Many browsers automatically store login data. Although it's convenient, in case of infection, it's an easy way for passwords to be stolen.
Do not use public or shared devices to access your accounts: You never know what type of software or extensions are installed on those devices.
Periodically check your devices connected to your account in the settings of your device or exchange: If you detect an unknown device, disconnect it and change your passwords immediately.
Do not share your screenshots or information about investments on social media without covering sensitive data: Many attacks start from the information that a person uploads in a post without realizing it.
Use a cold wallet to store assets long-term: Leaving large amounts on exchanges can be a great risk; a recent example is the theft of cryptocurrencies on ByBit valued at over $1,500,000,000.
If you want me to explain in detail about wallets, explaining the types of wallets, how they are used, recommendations, etc., leave it in the comments!
What do we learn from this? 💻
We learn that security, both in the crypto world and in daily life, does not only depend on platforms or something external, but also on our decisions and habits. Small but simple mistakes can open the door to irreparable losses, whether in the economic or private sphere.
In an ecosystem where you are your own bank, responsibility and caution are fundamental. Preventing will always be easier than recovering what is lost.
Remember: A secure investment always starts with good protection.
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