The Singapore Police Force and the Cybersecurity Agency recently issued a warning to the public to pay attention to the security risks of cryptocurrency wallets. Recently, criminals have used various means to steal cryptocurrencies, including impersonating legitimate entities to conduct fake promotions on social media and tricking victims into sharing personal information. 😱
In addition, they may also pretend to be executives of cryptocurrency companies and send malicious links. Once clicked, the cryptocurrency in the wallet will be transferred. Other means include exploiting phishing websites and software vulnerabilities. 🕵️♂️
The Singapore government recommends using hardware wallets, strong passwords and two-factor authentication to protect asset security. If in doubt, contact the exchange immediately and take appropriate measures. 🔒