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How to Avoid North Korean Seed Phrase Hacks

Sep 12, 2024
  1. The Sneaky New Hack: Malware Hidden in Plain Sight
  2. A Realistic Scenario: Meet Alex
  3. Ways to Secure Yourself

Recently, the number of attacks on crypto holders using seed phrases has increased. Hackers are finding new ways to breach wallets, and one of them involves malware targeting seed phrases.

The Sneaky New Hack: Malware Hidden in Plain Sight

Hackers are developing malware that can scan your devices for seed phrases. This technique is employed by organized groups like North Korean hackers. This malware can detect seed phrases saved as text or images.

A Realistic Scenario: Meet Alex

Alex, a crypto owner, was always careful and followed all precautions. However, he downloaded a popular app that turned out to be disguised malware. The app scanned his phone and found a screenshot of his seed phrase. As a result, all his funds were stolen.

Ways to Secure Yourself

To prevent seed phrase attacks, follow these tips: * Do not keep your seed phrase on devices. * Check the source before downloading apps. * Scan devices for malware. * Use hardware wallets. * Be cautious with links and URLs.

The number of hacker attacks on crypto holders is growing. To avoid having your funds stolen, never save seed phrases on electronic devices and follow the precautions described in this article.

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