Post
Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Twentyonepaylots
on 19/06/2018, 22:52:51 UTC
Any wallet is vulnerable to hacks, because there are several angles of attack. A hacker might not even have to exploit the

wallet software or code. They can use the "Man in the Middle" attack strategy where they intercept the data before it is

send to the wallet or they can use a Phishing strategy where they re-direct you to their fake site or wallet software. They can

even install Malware on your computer to capture all the data that you enter to re-use it on another computer. They can steal

your seed when you create the wallet or grab your private key, when you use the wrong method to create Paper wallets for

cold storage.  Roll Eyes

Hacker is looking into the safety net implored by individual on crypto currency wallet. Any loss end which is available and free for them will always be maximized just to log in into your wallet, they are creative, and sophisticated to go around the  crypto market patiently waiting for an opportunity to cash out your entire saving/ earning/profits on your crypto currency wallet. So, be careful never in trust your personal details and specially your wallet password.