Are you protecting your Crypto funds | Stay Alert Stay Safe | Real Incident Reported | New Trojan Explained

in cryptocurrency •  7 years ago 

Are you protecting your Crypto funds | Stay Alert Stay Safe

Hey Steemians,

Are you sure your Cryptocurrencies are safe within your private or online wallets?

Are you taking necessary precautions to transmit your funds ?

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In the real incident, last week one of our friends lost his funds due to his own negligence. He invested in an ICO and gave them his ether wallet address to receive the coins. He had some technical issue with his system where after copying and pasting wallet address, the alpha-numeric digits reshuffle own their own. He was warned by @BunnyChum strictly to fix the issue. After the release of ICO when we did not receive the coin, he directly got in touch with ICO admins and got to know that they have already sent the coins to the address he mentioned. Now due to his negligence, while copying and pasting the ether wallet address, he did not bother to verify the address before submitting. In this irrevocable action and his carelessness, he has lost nearly $500.

Referring to recent news, one of the Trojan name CryptoShuffle is also harming your computers in the same way and can result in stealing your funds/coins from you. Kaspersky Labs, leading firm in CyberSecurity, has issued an warning to Cryptocurrencies owners that assuming if there coins are safe in their private wallet, cannot be 100% correct. This newly discovered Trojan is harming users via getting into their systems and making alterations with Clipboard. While processing a transaction, when you try to copy and paste a wallet address, it automatically changes that particular address to their own, resulting in stealing your funds via forwarding your money to their own wallet address instead of the wallet address that you copied and intended to paste.

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The easiest way to avoid this harm and protect your Cryptocurrencies is your Alertness. Whenever you are making a transaction or sending/receiving money from/to your wallets, you need to spend few extra seconds and be alert enough to manually verify the address that you have copied and pasted. It should be exactly same as you intended to copy/paste. Also you should consider using some reliable anti-virus anti-malware application in your computers to avoid such incidents. When we are fully aware that any transactions in Cryptocurrencies are irreversible, why not be extra careful when we are forwarding our money to any other wallets. With the increase in popularity of Cryptocurrencies, the risk of loosing them also increase. Its only we and our alertness that can help us to protect our money from online burglars and hackers.


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@pkalra Thank you for tagging me into this post, i am Truly delighted.
This really needed to be out there with people. Specially for people who doesn't take much attention to their computers...

We need to remember this is blockchain. As this technology rises more and more threats are coming it's way...

Yeah, you said that right.. One needs to be extra careful and alert at their end @bunnychum

I think my post will be useful. Please see the link : https://steemit.com/password/@vsurendar/how-to-hide-data-within-a-image

  ·  7 years ago (edited)

Nice article @pkalra Resteemed and Share on Steemit Viral Facebook Page by @irfansardar Good Luck!

Thank you so much @irfansardar

Very useful information thanks for sharing

You are most welcome @princeshady5

This deserves some attention. Upvoted and resteemed :)

Thank you @katesmith
I am obliged with your support!

Calling @originalworks :)
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Nice, you got a 8.0% @minnowbooster upgoat, thanks to @pkalra
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With great power comes great responsibility.
Great article, thanks!

You are welcome @xwerk

The first time I send anything to a new platform I always just send one or 2 tokens or some allowable dust just to test, before the full load

That is a wonderful method to avoid loss mate.. All the best @a-kopf

you try to copy and paste a wallet address, it automatically changes that particular address to their own

Very smart way to steal money indeed.

My tip: NEVER run an executable (.exe) you don't know, specially if it's not signed. Just by doing that you avoid 90% of security problems. Also, be sure everything in your computer/device is up to date.

Thanks for you advise @nehomar.. Keep helping the community!

I'm still learning about the whole thing. I've acquired a little bit of cryptocurrancy but haven't the foggiest on how to access it, lol! It's a learning process for me and I'm behind on my homework. Thank you for the info.
X

You are always welcome @xmaas
Please let me know incase I will be of any help!

Thank you for that kind offer, it is much appreciated. Good people are becoming harder to find these days.
X

Glad to see this information being posted.

This is a serious problem and I think as far as we have come with computer security in the last decade, there are many people who do not take it as serious as they should.

I was bitten once and it hurt too much to allow myself to be bitten again (thankfully long before I was invested in crypto).

Please stay safe out there friends, take your computer and internet very seriously, one brick comes out and your whole jenga tower comes down.

Thanks mate @andy371
Wish you luck for your future investments!

Thank you, this very useful information!

Thank you @thesteemster
I am glad you liked this information!

Scammers are doing weird and wonderful things, one really has to be alert to so many things that can go wrong. Thanks for this information @pkalra

You are most welcome @joanstewart

That what I am doing from my firsr transaction reviewing address three times

That is a very wise decision mate @cloudspyder
Stay alert! All the best

Thank you brother!

Thanks For Your Good Info.

You are most welcome mate @myeasin

Thanks for reply.i invite you to my blog as your wish.

great info thanks for sharing

You are welcome @revealer777

As always use proper precautions, ideally run your fullnodes on updated Linux with local firewalls and locked down user accounts.

Well said @scalextrix
Thanks for your opinion!

Thanks, and back up your keys too!

Looks like Cybersecurity is and will be more and more important topic in near future!

Yes, Definitely it is and will be @ansisltd

It's good to know that these things happen, unfortunately someone has to suffer in first place. Thanks for the info

You are welcome @antonrico

I simply love your articles, what great content and quality of posting you offer the community here on Steemit and abroad.

Thanks a lot :)

Well you are most welcome @dhimanyog

This is hundreds percent safer, i can bet on it, bravo sire thanks

You are most welcome @marshalllife

This is a real concern and people needs to be diligent with their transactions and also, how they store their cryptos in general.
I wrote this article which is targeted to people still dragging their feet and feeling like they missed the boat and that it is too late to participate in the exploding crypto/blockchain sector. https://steemit.com/cryptocurrency/@motowngold/bitoin-crosses-7000-dollars-what-can-you-do-about-it-some-investing-ideas-including-crypto-related-stocks

Thats great.. Keep sharing good content @motowngold

Commerce is evolving. A few years from now, digital currencies will play a central role in our lives, replacing coins, cash, cards and cheques. They will enable us to transact more easily, more cost-effectively and with greater security than ever before.

Very nice article enjoy it tremendously!

Thank you @cotinetwork

personal responsibility

Yeah, it is, indeed @crypto3em3

Congratulations @pkalra, this post is the forth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 614 and the total pending payments to posts in this category was $3103.27. To see the full list of highest paid posts across all accounts categories, click here.

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Thank you @bitgeek

the security issue is important of course but some people are not taking this issue from series way

Yeah. One should be concerned for the security issues to keep their money safe @junubia

Gotta be secure.......im getting a ledger nano

That should be a great decision @mrkstn1
But you also need to be alert while processing transaction.
All the best!

I think my post will be useful. Please see the link : https://steemit.com/password/@vsurendar/how-to-hide-data-within-a-image

OMG....I have never been aware of that hacker...I have to learn to protect mine from them....thanks for reminding me...

Haahh.. I think you are being sarcastic but I take it as humour :-)
All the best @rooneey

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  ·  7 years ago (edited)

so many booster you used.. lolz. Upvote bot abuse is real..

Hope it didn't hurt your feelings @tngflx

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Thank you. I hadn't considered this risk.

You are welcome @inthearena