How hackers stole $ 200 million
We have been talking a lot about digital security lately. The reason is not that little interesting happens in the summer, but because of the growing arrogance of crackers. Only recently, hackers managed to crack several thousand digital wallets, withdraw huge amounts and, in principle, ruin the lives of ordinary users. According to recent studies, in 2020 and 2019, only one group of hackers managed to steal at least $ 200 million. Next, we will describe the situation in more detail, explain why exchanges cannot prevent frequent attacks. So read carefully, it will be interesting.
Who is behind the hacks
200 million dollars is big, one might say, colossal money. And they were not stolen by different crackers, but by very specific people from a particular organization. We are talking about representatives of the CryptoCore association. According to a study by a major security analyst firm ClearSky, these dangerous digital criminals managed to steal about $ 200 million from exchanges. If you believe the experts, then most attacks have a similar handwriting, the same focus and similar methods at the base. Thus, we can make a bold conclusion that the largest episodes of hacking were carried out under the control of the same people.
Note that CryptoCore is not the only name for the organization. Hackers are sometimes introduced as Crypto-gang, Dangerous Password, and Leery Turtle. These are all just crackers. Dangerous and unscrupulous. The main goal of hackers is cryptocurrency exchanges. Criminals do not work on opening wallets, preferring exchanges.
How to protect yourself from hackers? Basic rules
First of all, you need to understand that any exchange, theoretically, can be hacked, because it has access to the Internet. Yes, of course, giants like Binance or Bitfinex have advanced protection. But we still recommend not to tempt fate and independently worry about the safety of your funds:
- Do not store large amounts on the exchange. Remember that an account on the exchange is not a repository for solid capital. Serious money must be withdrawn to wallets, and only those funds that are needed in the near future should be left on the account. Thus, in the case of a hypothetical hack, you will not lose too much money;
- Passwords are the foundation of security. No phone numbers, birthdays, or 1234-style combinations. We recommend using random password generators. After all, it is a chaotic set of numbers, letters and other characters with different registers that is extremely difficult to crack quickly;
- Get a lot of emails. It is possible that hacking will not begin immediately. First, hackers attack your email to get passwords. That is why a good solution would be to create a separate box for a separate account on the exchange. So a hacker, even hacking mail, will not gain access to several accounts;
Protect your money from dangerous criminals like CryptoCore and other scammers. You can follow all the news of the crypto industry, including digital security, with us. We publish only high-quality and interesting material. Thanks for your attention. Good luck!