At Kraken, we believe that driving the global adoption of crypto relies on a strong cybersecurity framework to protect the financial freedom of our customers. That’s why our motto is Safety first.
It’s also why we commemorate Cyber Security Awareness Month every October. This year, we celebrated by hosting a company-wide AMA with our Chief Security Officer, Nick Percoco, as well as a training program on maintaining cybersecurity hygiene created by our Chief Security Officer. safety training. Both sessions were packed with great tips for staying safe online, so we wanted to share some of our favorites that could keep you and your loved ones safe.
Don’t be fooled by the bait
Phishing attacks are designed to trick you into revealing your passwords, account numbers, social security number, and other information that could be used to steal your crypto or identity.
These attacks can look like legitimate emails, text messages, or social media posts, and sometimes they’re really convincing. Look for spelling and grammatical errors, requests for personal information or money, offers that seem too good to be true, or unrealistic threats. These are good indicators that the sender is misrepresenting themselves.
When you receive such an email, avoid clicking on links or opening attachments that may deploy malware capable of stealing your personal information. You can also protect yourself against these attacks by being careful about the information you share via social media, as attackers can use this information to impersonate a distressed family member or colleague to create panic and compel you. to “help” them.
Build your digital fortress
Ensuring your devices are up to date with the latest software is a crucial part of maintaining your cybersecurity fortress. This simple step can have a significant impact on your protection against hacks, as software developers release patches in software updates that will close cybersecurity vulnerabilities in your devices. Although most operating systems install these updates automatically, you may need to manually update your apps, browsers, and browser extensions.
Do you store your crypto-assets in a software wallet? Here’s how you can secure your mobile devices to do so safely.
Another factor to consider when building your digital fortress is to enable two-factor authentication, or 2FA, when setting up your accounts. This means that when there is an attempt to log in to one of your accounts, you will also receive an SMS with a one-time password or be prompted to enter a passcode from an application. authentication such as Google Authenticator. Be sure to avoid sharing your access codes with other people.
If you often connect to public Wi-Fi networks using your laptops and mobile devices, we also recommend using a Virtual Private Network (VPN). VPNs disguise your online identity, making it difficult for third parties to track your online activities and steal your data. This means you can browse the web safely when connected to the internet in coworking spaces, airports and hotels.
Watch this to learn how you can stay safe when using public Wi-Fi networks.
At Kraken, we are committed to being productively paranoid so that we can keep ourselves and our customers safe. Cybercriminals will always be on the lookout for the next vulnerability to exploit, and these simple tips can be a great way for you to stay one step ahead.
Want to know more about how Kraken protects your funds? We recently obtained cybersecurity accreditation to maintain an industry-leading security framework that protects your funds. Learn more here.
These materials are for general informational purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell or hold any crypto-asset or to engage in any specific trading strategy. . Some crypto products and markets are unregulated and you may not be protected by government indemnities and/or regulatory protection schemes. The unpredictable nature of crypto-asset markets can lead to loss of funds. Tax may be due on any return and/or increase in value of your crypto-assets and you should seek independent advice on your tax position.