How hackers steal your crypto

How hackers steal your crypto


Just like in a common everyday life somebody can actually hold you up and mug you. People sometimes don't understand that not only that when you walk around with any money we don't walk around with our life savings. When you're dealing with cryptocurrencies unless you know what you're doing and unless you're proactively careful with how you protect your crypto. YOU CAN GET WIPED OUT.

The reason how people got wiped off their crypto is their phones. Your phone can have a password , even though you think that your password have a two-factor authentication and people can't get into your wallets or whatever it is that's not really the case when you're dealing with a mobile device. You're dealing with a device that has a cellphone carrier. Cellphone carrier has a sim card. That sim card on your phone and the carriers actually have a record of that sim card.

There's a type of hack called "SIM SAWP HACK" where basically without even taking your phone they can trick the carrier into believing that a sim that's on a different device actually belongs to your device. At that moment then whatever device you have is no longer being on your carrier so basically the other party can actually take over your device and they have your phone number they can send messages they can go back and forth and do anything.

 

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WendyZaca
WendyZaca

IT Service Consultant who is interested in Crypto, NFTs and Foreign Exchange.


Crypto, NFTs and Foreign Exchange
Crypto, NFTs and Foreign Exchange

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