Coin Stories Bitcoiners Kidnapped, Ransom Attacks, and SIM Swaps Stealing Crypto: How to Protect Yourself with Efani's Mark Kreitzman
Jan 28, 2025
Mark Kreitzman, General Manager at Efani Secure Mobile and a cybersecurity expert with 20 years of experience, dives into pressing security issues facing cryptocurrency owners. He discusses the alarming rise in SIM swap attacks and ransom kidnappings linked to crypto, highlighting how these threats exploit communication vulnerabilities. Kreitzman also addresses the importance of enhancing mobile security and offers practical advice to protect digital assets, stressing the need for awareness and proactive measures amidst evolving cyber threats.
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Password Manager Safety
- Never store seed phrases in software-based password managers.
- Consider using a seedless cold storage solution or a reputable password manager like Keeper.
Data Breaches and AI
- Data breaches are rampant, with billions of records exposed, including personal information and call records.
- Hackers combine this data with AI tools to create convincing phishing attacks.
Regular Password Changes
- Regularly change your passwords, at least once or twice a year, for all your accounts.
- This mitigates risks from data breaches where passwords are exposed.