Beware of Malware and Browser extensions the Bitcoin steal
Crypto currency exchanges are popular targets for hackers, where in the past large amounts of Bitcoin, Litecoin and other Altcoins stolen could be. The more important is the secure storage of Bitcoin and larger amounts of Capital to a secure Wallet.
Scammers use Browser extensions – from text editing Apps to background-images – to steal Bitcoin. Casa CEO, Jeremy Welch, spoke at the weekend on the Baltic honey badger conference in Riga in front of a large audience about the dangers associated with the daily use of the Internet and Online transactions. A transaction via a Bank account can be made under certain conditions, to undo, as opposed to a transaction with Bitcoin.
The Bitcoin Blockchain is irreversible, i.e., cannot be changed, so that transactions can not be reversed, even if the suspected robbery or criminal activity. In the event of a fraud case in Online Banking, the police can be turned on and the stolen amount can be reimbursed indirectly through the support of the Bank.
Welch spoke especially about the increase in physical attacks on Bitcoin owners, which represent potential targets of hackers. In a slide show What lists a total of 13 options, how to cheat Bitcoin can steal. In his report, he lists several scenarios that sound extremely worrying. Example, white can intercept hackers with the help of manipulated SIM-cards, passwords or PINs, and then use it to steal Bitcoin. But also the employees of crypto-exchanges, and the thus obtained data in the Form of the KYC information can be potential weak. Welch calls crypto-investors to remain ever-vigilant (freely translated):
Browser extensions pose a large risk, and this is especially true for Web applications. We think that the risks are discussed in the case of browser extensions at this point, we want to stimulate this discussion a little. How big these risks are.
A simple but very popular way of Browser extensions or Malware that deliver the crooks to important data. The data memory, a whole series of Bitcoin may contain addresses from the search blockchain.info and other websites (freely translated):
People don’t think much about it – my entire browsing history in my Browser – but it can be redirected to the external Server. We all need to discuss these issues more, because we are not yet to be held once in the Phase, in the real attacks.
Large crypto companies to larger quantities of clients to manage money, keep Bitcoin, Ripple and other Altcoins in so-called Cold Storage that never come into contact with the Internet and there is no point of attack for hackers or other thieves is.
How to sharpen his presentation, the awareness of the need for safe-keeping as well as the opportunities and risks of the crypto-currencies bring with them. Every year, millions of USD worth of Bitcoin are stolen and victims complain about criminal activity on the market. In the process, they often forget simple safety gaps, such as the use of Wi-Fi in public Cafés or Restaurants. The whole presentation of What can be viewed here:
Featured Image: Alexander Kirch | Shutterstock
