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GUEST ESSAY: Securing your cryptocurrency — best practices for Bitcoin wallet security

The Last Watchdog

Over time, Bitcoin has become the most widely used cryptocurrency in the world. Backup, backup, backup. To guard against data loss, it’s crucial to regularly create backups of your Bitcoin wallet. Wallet backups provide a safety net in the event that your device breaks down, is misplaced, or is stolen.

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What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

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Smartphone Ransomware: Understanding the Threat and Ways to Stay Protected

CyberSecurity Insiders

Understanding Smartphone Ransomware: Smartphone ransomware is a form of malware that encrypts the data on a device and holds it hostage until a ransom is paid to the attacker. Here are a few potential risks: 1. Data Loss: Ransomware can encrypt your valuable data, making it inaccessible until you pay the ransom.

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Also read: Best Antivirus Software of 2022. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Restoration is offered in exchange for a ransom, usually in cryptocurrencies. Backup and encryption.

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How Did Authorities Identify the Alleged Lockbit Boss?

Krebs on Security

Pin was active on Opensc around March 2012, and authored 13 posts that mostly concerned data encryption issues, or how to fix bugs in code. “Cryptolockers made a lot of noise in the press, but lazy system administrators don’t make backups after that. Cyber intelligence firm Intel 471 finds that pin@darktower.ru

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Discover 2022’s Nastiest Malware

Webroot

Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses. In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage.

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