What can you do when a Trojan takes over your crypto wallets? Listen now for one unlucky investor’s story — and what you can learn from it.
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Have you received a data breach notification from your favorite cryptocurrency wallet? Trezor’s one of the most prominent front-runners in offline crypto storage. Even this huge brand isn’t impervious to phishing campaigns targeting its client base.
If you use Trezor, you’re going to want to read this. Be careful who you trust with your data.
This week, reports of text messages and emails claiming to be sent from Trezor representatives have been hitting user inboxes. They all describe a data breach compromising the recipients’ data and ask that they visit a website linked in the message.
It’s a frightening message. It asks that you assume all your assets are “vulnerable,” and many people have fallen for it. Don’t be fooled, though. It’s a fake Trezor website, and it’s after some of the most critical security information associated with your account.
The phishing scheme aims to snag your recovery seed and liberate your cryptocurrency from an otherwise secure physical wallet. Once they have it, consider your crypto lost for good.
Trezor has confirmed that these intrusions aren’t affiliated with the brand and urges you to reach out through the company’s site to report suspicious behavior. It’s believed that these threat actors acquired the victims’ contact information through an unrelated MailChimp breach in 2022.
As far as the authorities have found, there is no data breach to be concerned with, and Trezor customers should continue to enjoy their crypto wallets as usual.
The moral of the story? Protect your recovery seed, and never share it online or over the phone. Here are a few more tips to keep your wallets safe:
Providers like Trezor help users protect their assets with a secure, private wallet that allows them to invest and spend confidently. Always do what you can to keep scammers at bay. Cold calls, third-party apps and shady deals should all be turned away.
Cryptocurrency is risky enough without having to worry about scams. No matter which one you choose, you will deal with volatile values. Throw in some crooks, and the risk goes up exponentially.
Social media is a goldmine for scammers to find new victims. Now, fake crypto ads are circulating on Facebook and other platforms. The ads use images of well-known industry leaders to lure people into buying crypto that doesn’t exist. Tap or click here to check out our report.
What can you do when a Trojan takes over your crypto wallets? Listen now for one unlucky investor’s story — and what you can learn from it.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Cryptocurrency began over a decade ago with the release of Bitcoin. Since then, the number of digital currencies has swelled to the thousands.
Shortly after Bitcoin’s launch, one crypto-mining pioneer built up 7,500 digital coins for next to nothing. He accidentally threw away the hard drive containing the Bitcoin some years later, when the value was in the millions. He is still searching for that hard drive today. Tap or click here for more on the story.
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