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How to protect your crypto wallet from hackers

How to protect your crypto wallet from hackers

To prevent hackers from accessing your crypto portfolio, you have to learn how wallet security can be compromised.

For questions like “can your crypto wallet be hacked?”, making use of a public Wi-Fi or unsecured internet is one of the ways you can give a hacker access to your device.

When you are known to have a particular password in many different places or sites, it may become very easy for hackers to guess your password and access your crypto wallet.

When your device, which may be a PC or mobile device, is not secured, someone can easily access your crypto wallet and transfer your cryptocurrencies to another one.

Learning how wallet security is compromised will help you to deploy some of the crypto security best practices to prevent hackers from getting into your wallet

With the use of wiretapping or cloning the SIM-Card, hackers can intercept the 2FA verification process and make use of them to access your crypto wallet

Once someone has the secret keys to your crypto wallet, it is very easy for them to have access to your wallet

Source: Citi Newsroom
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