Mitigating Cryptocurrency/Hive Phishing Threats

   Designed By Mrhive001 Using Canva

Using the Leoglossary definition of what Phishing is all about, phishing attacks are dangerous and malicious attempts made by hackers and scammers, though they might pose as a true and transparent way of luring Account owners and holders to reveal the sensitive, login, and Private Key to their accounts.

In this present world and this century, where the rate of Cryptocurrency adoption is on the rise, so will the rate of phishing, because right from time immemorial, scammers have never ceased to amaze those around them with their various attempts and also the technological inputs that they navigate through to get people scammed.

Dealing with Phishing should be one of the most important tasks every Cryptocurrency or even wallet owner should know how to deal with, provided the owner has in mind that the transactor still has control of the Wallet. Irrespective of the fact that the technological inputs and navigations that scammers use are unknown to many, and thus they fall victim to their clues and traps, there is a need to know the simple steps that scammers permeate through so as to captivate the mind before the Wallet.

It is quite amazing but awful that most of the open doors that scammers have to get through to someone's account are invariably done by the account holder unknown to them, and a high percentage of this is because they don't read the instructions either being sent to them or told to them before, then make an attempt to verify and differentiate the original from the imitation before letting go of the account, leaving a free space for the scammer to get through and have access to the account.

Ways to Handle Phishing Attacks and Attempts

[a]

An account holder or wallet holder must first and foremost be acquainted with the upgrades in Technology that scammers use nowadays to lay hold of accounts. This comes in the form of unasked or unsolicited emails, text messages, and links that might claim to come from the original source. A note on this is that sometimes, when one mistakenly presses any of the links, the account will be automatically hacked, as this is one of the newest codes for hacking accounts.

[b]

Using the security measures provided is one of the most promising gateways to securing accounts. Security gateways like two-factor verification help mitigate the easy penetration of hackers into an account. Using two-factor verification adds to the protective layer of the account, making hacking an account an uneasy one as verification codes are sent to emails and text messages, and upon confirmation of this, one would have access to the account.

[c]

Regular checkmate of accounts in the form of a review or check if there is unauthorized access to accounts unknowingly turned on by you. This is one of the proven ways to take full control of your account because, at some point, because of oversightedness, one might mistakenly give room for hacking and, at the tail end, render one at total loss. A wise saying that where one's eyes are, so is one's attention is proven in this context, as there is more to reviewing an account that one does as a routine than one that doesn't do that.

In the Case of Hive Account

Notable enough is the fact that all hive accounts are of varying worth, and each account has keys that back it up, and these keys are unique to each account and user. Because these keys determine the activities done on the account, be it withdrawal or publishing of posts, In a situation whereby these keys are left vulnerable, there would be a case of attack that might cause the worth of the account to reduce in the blink of an eye.

The security sentence "Not My Keys, Not My Account" should be the watchword of all hive users, as through this, accounts will be safe not just for the mean time but forever. Regularly opening links to access one's hive account other than the known interfaces through which it can be navigated puts one at risk of having the account exposed for hacks or Phishing, as the case might be.

The value of a security guard to an account isn't determined by the assurance or sweetness of the interface's initial graphics, as in the case of UI/UX design, but rather by the choice to verify first from a reliable source in order to know what will happen to the account in the future.

Thanks For stopping by, friends. Do have a nice day.

Posted Using LeoFinance Alpha