Crypto scams on the rise in South Africa: how to protect yourself

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Promoted | Crypto scams on the rise in South Africa: how to protect yourself

to virtual cash stored in cryptocurrency exchanges. The only catch is the user must usually pay a small fee first. The exchange doesn’t exist and their money is lost forever. Copycat sites offer what appear to be legitimate wallet services. Users are encouraged to download wallets which then install malware on the user’s device. In these instances, iOS devices have been compromised where in the past the problem was limited to Android.and upload them to app stores.

Never provide your personal details to an entity that makes unsolicited contact with you, via e-mail, text or social media. It may even appear to be your friend, but in reality could be a hacker who has hijacked their e-mail or social account. Check with them separately via another contact method. If something is too good to be true it usually is. Take any investment scheme with a heavy pinch of salt.Dismiss any investment “opportunity” that requires an upfront payment.Download anti-malware software from a reputable provider to your PC and mobile devices.

The world may have gone cryptocurrency crazy. But you don’t need to join in. Keep a cool head and ride out the hype while making good returns.has been developing industry-leading IT security software and services to protect businesses, critical infrastructure and consumers worldwide from increasingly sophisticated digital threats.

From endpoint and mobile security to endpoint detection and response, encryption and multifactor authentication, ESET’s high-performing, easy-to-use solutions unobtrusively protect and monitor 24/7, updating defences in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company that enables the safe use of technology. This is backed by ESET’s R&D centres worldwide, working in support of our shared future.

 

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