Cybercriminals and the future of digital currencies

[Sarahden111 1231]

Your topic contains important warnings, and for me the most important thing is the issue of two-factor authentication and that the majority use smartphones and thus are subject to loss, theft or anything else. Therefore, it is better to activate the two-factor authentication on desktop computers or numbers that can be easily switched. The same is true for cold wallets, so losing them means losing currencies forever, unlike hot wallets.

[Pathakayush 213]

Cyber criminals always try to steal your money with your foolishness they have a trap inside everyone's phone or desktop and once you are in that trap my friend you will loose all your money you earned working hard so always keep the above given points in your mind.

[Mcd0d0 5882]

On 9/21/2020 at 3:01 AM, Alex9876r said:

Unfortunately, now most countries are facing difficulty in legislating the use of cryptocurrencies due to the possibility of using them for illegal matters or having difficulty controlling their use Unfortunately, there are currencies that have a high level of privacy protection, in addition to decentralized platforms Thus, it is freely used in all fields

Well, there are some countries which are banning some cryptocurrency coins especially bitcoin, Bitcoin is banned by india by knowing that this is illegal but the truth is the cryptocurrency is decentralized it is in the middle of legal and illegal so we cannot considered it as a illegal.

[peter55 459]

This is very necessary.  Secure your wallet and funds from fraudsters.  In my opinion, I prefer to use a special device for managing the portfolio and money.  Do not enter any anonymous link or application of unknown source.  Ignore all messages from strangers.  This will make your phone safe from hackers.

[Zeshan Khalid 2577]

Cyber criminals are becoming more active with the spread of crypto currency worldwide and the use of trusted wallets is becoming necessary nowadays

[Shubham07 14]

If we go through current scenario of digital currency we can clearly say that digital currency has a very good future because even if it is not physically present every age group know about it . Cybercriminals are becoming advance day by day because of access to high technology and equipment so to eliminate them we need to use technology in a good and efficient manner.

[SuperCrypto 7193]

On 5/31/2020 at 5:20 PM, abualez said:

  In conclusion, hurry to secure your currencies so that you are in your wallet, not to someone else.

Hacking cryptocurrency wallets through your cell phone has become one of the things that are abundant in the crypto world, and therefore any investor or trader must protect his digital currencies well by securing good protection for his cell phone against malware, public Wi-Fi and phishing sites.

[Arpit Gupta 581]

You are absolutely right. You have posted a good topic presented it in a great way. All the points you have mentioned are very necessary to know for all the people as many people do not know about cyber crime and the chance of hacking. By reading your post, they get to know about its risk.

[Tiffany Grini 102]

On 5/31/2020 at 10:20 AM, abualez said:

 

  We both use mobile phones as an essential part of our daily lives with which we have been immersed in digital life.
  Many digital currency traders were exposed to cyber criminals who exploit the weaknesses of mobile phones. Therefore, it became necessary to secure mobile devices as follows:
  First, the digital ID must not be linked to portable devices.
  Secondly, the electronic wallet in which the digital currencies are stored must be free from any records of trading and registration in profitable and investment locations, and to call them the forgotten wallet (Z).
  Third, the mobile phone must not have a SIM card containing the forgotten wallet (Z).
  Fourth, you must own another mobile device to carry out the operations of earning, trading, investing and transferring profits from currencies to the portfolio (Z).
  Fifth, use widgets like google Authentictot or Authy to secure the account with 2FA authentication.
  Sixth, avoid falling victim to fraudulent cybercriminals' applications when doing transactions by verifying the recipient's wallet address and pasting it multiple times and making sure it is correct every time.
  Seventh, do not save passwords and code messages to your phone
  Eighth, entry away from public, insecure, open Internet networks was kept away.

  In conclusion, hurry to secure your currencies so that you are in your wallet, not to someone else.

It is true that now things are different, now they attack your cell phone and your pc, but it is better to keep the passwords saved elsewhere to avoid hacking, thanks for the warning partner.

[RingOfSaturn 34]

A recent study led by Bromium and led by Dr. Michael McGuire has examined the evolution of cybercrime in recent years. The results were surprising - cybercrime is turning into a trillion-dollar industry, competing with the incomes of more traditional crime. What is even more interesting is the use of cryptocurrency in cyber crimes.

[JacM10 86]

When you have mobile wallets you must be very careful how you use your mobile since they can put the security of your wallet at risk, as the wallets themselves always recommend, always put all the security factors and take your own measures to save your keys

[chinemeremgab 23]

Things with advantage equally comes with disadvantages. In this case, cryptocurrencies can be easily hacked by cyber criminals.we should be careful with our phones and log in details.

[Javier5678 48]

Malicious domain. Ransomware. Malware intended to obtain data. Botnets. Cryptojacking (mining of cryptocurrencies). Dark network. Cybercrime as a service. With the use of new technologies to commit cyber attacks against governments, businesses and individuals, words and phrases that barely existed a decade ago are now part of our daily vocabulary. These crimes know no borders, physical or virtual, cause significant damage and pose a very real danger to victims around the world. Cybercrime is growing at a very rapid rate, with new trends continually emerging. Cybercriminals are becoming more agile, exploiting new technologies at blazing speed, adapting their attacks using new methods, and cooperating with each other in ways never seen before. Criminal networks operate on a global scale, coordinating complex attacks against their targets in a matter of minutes. Police must therefore keep up to date with new technologies, in order to understand the possibilities they create for criminals and their use as tools to fight cybercrime.

[babaji 1228]

Well Blockchain is pretty secure, so is any private key. I am sure there is no way you can break a blockchain id. I do know, about quantum computing, and its probability to break cryptos, but it still has a long way to go to reach there. However, if you are dumb idiot, and put money in exchanges, or write your private in some online sources, like your mail. Then blockchain is hard to crack, but not your email password. if you do that, please dont blame anyone else except you for your losses. 

[litecoinero 35]

It is of vital importance to maintain the strengthened mobile of all security measures since every day new forms of cyber attacks are emerging and it is important to always review all new security systems that are created in the moment to be updated.

[Fabián Sevillano 252]

Cybercriminals have started using mining software in their attacks to grab cryptocurrencies, as, like ransomware, it has a simple monetization model.

However, while ransomware directly harms users, mining does not and can remain undetected for a long time by silently using PC power.

[JPCaMoney 404]

As crypto currencies evolve, so do criminals update and invent ways to circumvent security measures and generate scams and fraud from a virtual point of view. New and stronger security measures must be generated.

[Elpipotema 119]

The important thing is to take the appropriate measures to avoid being victims of criminals on the network, if you handle large amounts of money in cryptocurrencies it is best that you keep large parts of paper wallets or hardware wallets and only keep small amounts available.

[Amiami 1362]

Security breaches in phones is normal, especially if it is open source systems such as Android, however the measures that can be taken may fall short in the face of the threat, one advice I can add is that they should not be connected to wifis without password or public, since they can have spyware integrated.

[Isabel2310 54]

Cybercrime is growing at a very rapid rate, with new trends continually emerging.

 

Cybercriminals are becoming more agile, exploitingnew technologies at blazing speed, adapting their attacks using new methods, and cooperating with each other in ways never seen before. Criminal networks operate on a global scale, coordinating complex attacks against their targets in a matter of minutes.

[Nicole018 4548]

Among these one of the basic measure I undertake is that I always ensure that I do not save any of my password whether it be social media passwords, I do not save any of my passwords in the phone. Yes other security measures such as 2fa can be really helpful for the users in order to avoid any kind of fraudulent or malpractices which you may fall into.

[Freeze12 83]

Thank you for sharing this post that has very useful information, you have to make people aware of all the dangers that exist on the internet, for example scams, this is bad for cryptocurrencies because they give them a bad reputation. we must publish information in various places on the internet about this.

[Gladyxoxo 145]

By reading all the others comments ,i think this has to taken very seriously.Always safety is the first to look after.Many scams and many bad people are always around us to snatch away your hardworkimg money.And only the money our whereabouts and personal information can also looted by these bad people.So start securing your online wallet soon enough.Your steps are helpfull.😄

[fuck123 184]

We know cybercrime for asking a question that would like to thank time There are some big hackers out there who have come up with all the details we need to get rid of this problem. We should not have this kind of hacking in the future and we should be able to keep a good eye on it

[Jack764 1841]

You need to make additional protection for your wallet by enabling 2-step verification by using the two-factor authentication code on your account.  I open the wallet on the personal computer because it is more secure, and I also do not enter an unknown or untrusted link so that my computer is not hacked.  In my opinion, protecting the wallet from hackers is the most important step for your money to be safe.