Problems And Risks Involved With Cryptocurrency
Cryptocurrency
refers to the digital asset which has been developed as a medium of exchange using
cryptography to secure all financial transactions. This is a sub-category of digital
currencies; the first decentralized cryptocurrency was developed in 2009 and
was named Bitcoin. In short, cryptocurrency is basically a form of electronic
money and unfortunately suffers from some shortcomings.
Cryptocurrency
has become so popular and the reason behind that is its anonymousness. But; with
the increase in the level of technology, cybercriminals have also increased the
level of anonymity and techniques to extract the financial and personal
information of a user. For more information on what are the risks associated
with using cryptocurrency as your preferred method of financial transactions,
connect with the Kaspersky AntiVirus
Support experts.
What Are The Risks And Problems Associated With Using Cryptocurrency For Your Financial Transactions?
Our
technical veterans at the Kaspersky Support
have come up with a list of certain risks associated with cryptocurrency.
These have been explained in details below.
1.
Spoof
Payment And Phishing
Let’s take an example, you are
transferring money to your friend and then copy the wallet address but a
malware will replace the address in the clipboard with some other address. On
the other hand, users can be fooled into visiting a fake website where they
upload their cryptowallets details and enter the password. Let the Kaspersky Technical
Support be your guide in making your online transactions easy and safe.
2.
Payment
Gateway Hacking
At times, even a genuine
payment gateway might lead to loss of the user’s precious money. Cybercriminals
often employ social-engineering to convince the hosting provider that they are
the original owners of the site. Once this has been accomplished, they are
empowered to intercept the flow of money as long as they want to. We at the Kaspersky AntiVirus Support are here to
secure all your online transactions with the best technical assistance.
3.
Unsafe
ICO’s
ICO, also known as Initial
Coin Offering is a recent trend where users invest in projects by using
cryptocurrencies. Cryptocurrencies have made it easier to raise huge amounts of
fund with a simple internet connection for the user. However, this market is
not regulated by any rules for risk assessment or ROI (Return on Investments). This
leads to hackers and cybercriminals using cryptocurrency as a means of hoarding
large amounts of money from unsuspecting users in the name of sharing a great
project which is fake. We at the Kaspersky Customer
Support are available round-the-clock to help you thwart off any
attempt at stealing your precious money.
4.
Copying
User Address
The collection of funds inside
an ICO remains open and closes at a specified time after a fixed amount has
been collected. Afterwards, the collection address is posted on the main
website where it is opened. Recently, a hacker got access to the main website
and once the collection began, he replaced the original address with that of
his own. Want to know about how to execute a safe online transaction using
cryptocurrency? Connect with the highly trained and experienced Kaspersky Tech Support unit to get the
best help to keep all your transactions safe from any unauthorized access.
How Can I Secure Myself Against Such Frauds While Using Cryptocurrency For Online Transactions?
The
specialists at the Kaspersky AntiVirus Support
have come up with some effective guidelines on how you can prevent someone
from stealing your digital currency. Kindly follow these to ensure total security
of your financial transaction while using cryptocurrency.
Guidelines For Safe Cryptocurrency Transactions
1. Firstly,
always verify the online wallet’s address and do not follow any links to an
unknown Web wallet.
2. Prior
to sending any money, double-check the recipients address, the amount and the
size of the additional fee.
3. Do not
risk go into crypto-investment.
4. Always
have the best antivirus protection program to keep your device safe, especially
the ones used to access crypto-wallets.
How Can I Connect With The Kaspersky Customer Support Experts?
You
can contact the highly skilled and experienced Kaspersky
Support experts via toll-free number at 1 800 987 893. Ours is a
vast team of highly trained and experienced technical experts who have the
experience and tools to handle such situations. When you contact the Kaspersky
Technical Support experts at 1 800 987 893, rest assured that your
issue will be resolved without any delay.
You
may visit http://www.antivirustechsquad.com/au/kaspersky-support/
for more information.
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