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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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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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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.

Backups 141
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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.

Malware 61
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Wannacry, the hybrid malware that brought the world to its knees

Security Affairs

In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware. Cryptolocker and exploit components.

Malware 98
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Ransomware Protection in 2021

eSecurity Planet

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Offline Backups.

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SHARED INTEL: Threat actors add a human touch to boost effectiveness of automated attacks

The Last Watchdog

They’ll take more manual steps to encrypt servers, exfiltrate data – or do both. And then, instead of encrypting one or two or ten machines, they’ll encrypt everything.” Next, they encrypted servers in the most painful way possible, thus motivating companies to pay tens of thousands of dollars for a decryption key.