Archives - Cryptocurrency

Ransomware – the digital kidnapper – how to fight back

Imagine your computer files are precious photos, documents, and memories. Now imagine someone locks them away, demanding a ransom to get them back. That’s ransomware, a nasty piece of malware that can hold your digital life hostage. Here’s how this digital kidnapper works: The good news? You can fight back By being proactive and taking […]

What’s cryptojacking?

Cybercriminals distribute cryptojacking malware through weaponized mobile applications, botnets, and social media platforms by manipulating flaws in applications and servers, and by hijacking Wi-Fi hotspots. With the cryptomining software installed, the malicious cybercriminals effectively hijack the processing power of the victim devices and systems to earn cryptocurrency. Also, malicious cyber actors may infect a website […]

Store your crypto key securely

Cryptocurrencies are largely accessed using a private digital key that cannot be reset if you forget it. Unlike most passwords for online accounts, these aren’t stored anywhere, which presents the risk of permanently losing access to your account if you don’t have your credentials properly stored. Before making any significant cryptocurrency purchases, be sure you’re […]

Store cryptocurrency in a cold wallet

Cold wallets aren’t connected to the internet, which renders them much safer than other digital wallets. They generate public and private keys, which are printed on a physical piece of paper. Any crypto stored on the cold wallet can only be accessed if you have that paper’s keys in your possession. Other than the blockchain, […]

Be mindful of crypto scams

Cryptocurrencies have increased in popularity in recent years. Consequently, blockchains have also been the target of cybercriminals. Cryptos, like Bitcoin, use security keys to protect currency with unique corresponding sets of letters and numbers. Despite these measures, bad actors are increasingly using cryptocurrencies to steal information and collect ransom. Before purchasing a coin, make sure […]

Watch out for cryptocurrency tech support scams

Scammers may pose as cryptocurrency (virtual currency) tech support. Individuals in need of tech support may use online search engines to find technical support companies. Criminals pay to have their fraudulent tech support company’s link show higher in search results hoping victims will choose one of the top links in search results. The fraudulent support […]