CBN Suspends Cybersecurity Levy
CBN Suspends Controversial Cybersecurity Levy Amid Public Outcry
CBN Suspends Controversial Cybersecurity Levy Amid Public Outcry
Cryptocurrencies also settle transactions in faster and more efficient ways than traditional financial institutions, allowing you to send and receive money almost immediately since it does not involve intermediaries like banks and payment processors.
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Former political aspirant Wilfred Bonse is now implicated in the Patricia Technologies cybersecurity breach, facing charges of criminal conspiracy and fund diversion. His direct involvement in laundering ₦50 million, intricately linked to the ₦607 million cyber heist, is meticulously traced through cryptocurrency, revealing a compelling narrative at the crossroads of politics and cybersecurity.
Bitcoin's long-term dormancy prompts market interest.
MetaMask is a popular cryptocurrency wallet that allows you to securely store, manage, and interact with various blockchain-based assets. As with any digital wallet, ensuring the security of your MetaMask account is crucial to protect your funds and personal information from hackers. In this blog post, we will discuss ten essential tips to help you safeguard your MetaMask wallet and reduce the risk of being hacked.
One of the fundamental aspects of account security is using a strong, unique password. Avoid using common passwords or easily guessable phrases. A strong password should consist of a combination of uppercase and lowercase letters, numbers, and special characters. Additionally, consider using a password manager to generate and securely store your passwords.
The seed phrase (also known as the recovery phrase or mnemonic phrase) is a crucial component of your MetaMask wallet. It serves as a backup that can be used to restore your wallet or access it from different devices. Keep your seed phrase offline in a secure location, preferably in a physical format. Never share it with anyone or store it digitally, as this significantly increases the risk of theft.
Phishing scams are a common method used by hackers to trick you into revealing your sensitive information. Be cautious of unsolicited emails, messages, or websites that impersonate MetaMask. Always double-check the URL of the website you are visiting and ensure it is the official MetaMask website (https://metamask.io). Avoid clicking on suspicious links and never provide your seed phrase or private keys to anyone.
Consider using a hardware wallet, such as Ledger for an additional layer of security. Hardware wallets store your private keys offline and provide a secure environment for signing transactions. By keeping your private keys offline, you significantly reduce the risk of them being exposed to online threats.
Regularly update your MetaMask software to ensure you have the latest security patches and bug fixes. Developers frequently release updates to address vulnerabilities and improve the overall security of the wallet. Enable automatic updates or regularly check for updates manually.
When you’re not actively using your MetaMask wallet, lock it with a password. This prevents unauthorized access to your wallet even if someone gains temporary access to your device. It’s a simple but effective step to protect your funds from being accessed by others.
Regularly clear your browser’s cache, cookies, and browsing history to minimize the risk of unauthorized access to your MetaMask wallet. These files can contain sensitive information that hackers can exploit. Additionally, consider using browser extensions that enhance privacy and security.
Creating a dedicated browser profile solely for accessing your MetaMask wallet can help isolate your cryptocurrency activities from other online activities. This minimizes the risk of malicious extensions or websites compromising your MetaMask wallet. Consider using browsers like Brave or Firefox, which have built-in privacy features.
Avoid using public Wi-Fi networks, as they can be easily compromised, allowing attackers to intercept your internet traffic and potentially gain access to your MetaMask wallet. If you must access your wallet on the go, use a trusted and secure network or consider using a virtual private network (VPN) to encrypt your internet connection.
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in addition, we could also change the password partly or entirely between time intervals whenever or not a bridge is noticed.