With the rapid development of blockchain technology and the popularity of digital assets, more and more people choose to enter the world of cryptocurrency for investment. At the same time, the methods of hackers and fraudsters are constantly upgrading, bringing severe challenges to investors' account security.
Recently, there have been frequent security incidents in exchanges. Hackers and fraudsters have used AI synthesis technology, malicious plugins and other means to steal user personal information and account info, bypass security mechanisms such as passwords and two-factor authentication (2FA), and illegally operate exchange accounts. These cases have sounded the alarm for us, reminding us that we must always remain vigilant and do a good job in protecting personal information. In order to ensure the security of users' digital assets, The First trading platform always puts security first and has taken a series of strict security measures to provide users with comprehensive protection.
Review of recent exchange account security incidents
Event 1:
According to Twitter user @CryptoNakamao , due to Chrome malicious plugin Aggr, his browser cookies were hijacked. Hackers logged into his Binance account by bypassing password/2FA verification with the hijacked cookies, and transferred his 1 million dollar assets through tapping. Previously, SlowMist Cosine had warned to pay attention to a browser extension called "AggrTrade", which would steal user exchange cookies and other permission information. If installed, delete it as soon as possible, and modify the account passwords and 2FA of each platform, reset the trading API, etc.
Event 2:
On June 3rd, a well-known community member wrote a long article saying that the fraudsters bought all his personal information in the telegram, then opened the forgotten password by logging in to the email number, and changed the mobile phone number, email number, and even Google verification through the video synthesized by AI. 24 hours later, his OKX account lost more than 2 million dollars in assets.
Despite OKX founder Star Xu's response that there is currently no user loss case completed by switching from GA (Google Validator) to SMS (SMS), OKX has experienced significant capital outflows due to security incidents. Defillama shows that OKX has had a net outflow of $204 million in the past 24 hours and $630 million in the past 7 days, exceeding the total outflow of other exchanges, with a total reserve asset of $21.64 billion. Binance has had a net inflow of $1.364 billion in the past 7 days.
The First Security Guarantee
As a professional digital asset investment platform, The First deeply understands the importance of security for users. Therefore, we have invested a lot of manpower, material resources, and financial resources to build a complete security protection system.
1. Advanced multi-factor authentication mechanism: The First supports multiple authentication methods such as mobile phone verification code and Google authenticator, providing users with multi-level account security. At the same time, we strongly recommend that users enable two-factor authentication (2FA) to further enhance account security.
2. Strict data encryption and transmission protection: The First adopts international advanced encryption technology to ensure the security of user data during storage and transmission. Both personal information and transaction data will be strictly encrypted to prevent hackers from stealing or tampering.
3. Real-time risk monitoring and early warning: The First has an efficient risk monitoring system. Any abnormal trading behavior of platform trading users will immediately trigger regulatory procedures, so as to intercept users' abnormal transactions and risk operations through automated security procedures, and send security prompts to users' bound accounts. If any uncontrollable behavior occurs, the platform will also initiate emergency plans to ensure the safety of user assets.
4. Regular security audits and vulnerability scans: We regularly conduct comprehensive security audits and vulnerability scans on the platform to ensure system security and stability. At the same time, we maintain close cooperation with well-known domestic and foreign security agencies to jointly respond to cyber security threats.
III. Users strengthen account security protection
With the continuous development of the cryptocurrency market, account security has become an issue that every investor cannot ignore. Whether you choose top-tier firms like OKX and Binance, or emerging exchanges with unique advantages like The First, protecting your own account security is of utmost importance. Even though The First itself is sufficient to provide efficient security protection, users still need to strengthen their account security awareness.
Digital asset security is a concern for every investor. The First trading platform always puts user security first, providing users with comprehensive protection through advanced security technology and strict management measures. At the same time, we also call on users to strengthen their awareness of account security and jointly maintain the healthy and stable development of the digital asset trading market. Let's work together to create a better future!
Recently, there have been frequent security incidents in exchanges. Hackers and fraudsters have used AI synthesis technology, malicious plugins and other means to steal user personal information and account info, bypass security mechanisms such as passwords and two-factor authentication (2FA), and illegally operate exchange accounts. These cases have sounded the alarm for us, reminding us that we must always remain vigilant and do a good job in protecting personal information. In order to ensure the security of users' digital assets, The First trading platform always puts security first and has taken a series of strict security measures to provide users with comprehensive protection.
Review of recent exchange account security incidents
Event 1:
According to Twitter user @CryptoNakamao , due to Chrome malicious plugin Aggr, his browser cookies were hijacked. Hackers logged into his Binance account by bypassing password/2FA verification with the hijacked cookies, and transferred his 1 million dollar assets through tapping. Previously, SlowMist Cosine had warned to pay attention to a browser extension called "AggrTrade", which would steal user exchange cookies and other permission information. If installed, delete it as soon as possible, and modify the account passwords and 2FA of each platform, reset the trading API, etc.
Event 2:
On June 3rd, a well-known community member wrote a long article saying that the fraudsters bought all his personal information in the telegram, then opened the forgotten password by logging in to the email number, and changed the mobile phone number, email number, and even Google verification through the video synthesized by AI. 24 hours later, his OKX account lost more than 2 million dollars in assets.
Despite OKX founder Star Xu's response that there is currently no user loss case completed by switching from GA (Google Validator) to SMS (SMS), OKX has experienced significant capital outflows due to security incidents. Defillama shows that OKX has had a net outflow of $204 million in the past 24 hours and $630 million in the past 7 days, exceeding the total outflow of other exchanges, with a total reserve asset of $21.64 billion. Binance has had a net inflow of $1.364 billion in the past 7 days.
The First Security Guarantee
As a professional digital asset investment platform, The First deeply understands the importance of security for users. Therefore, we have invested a lot of manpower, material resources, and financial resources to build a complete security protection system.
1. Advanced multi-factor authentication mechanism: The First supports multiple authentication methods such as mobile phone verification code and Google authenticator, providing users with multi-level account security. At the same time, we strongly recommend that users enable two-factor authentication (2FA) to further enhance account security.
2. Strict data encryption and transmission protection: The First adopts international advanced encryption technology to ensure the security of user data during storage and transmission. Both personal information and transaction data will be strictly encrypted to prevent hackers from stealing or tampering.
3. Real-time risk monitoring and early warning: The First has an efficient risk monitoring system. Any abnormal trading behavior of platform trading users will immediately trigger regulatory procedures, so as to intercept users' abnormal transactions and risk operations through automated security procedures, and send security prompts to users' bound accounts. If any uncontrollable behavior occurs, the platform will also initiate emergency plans to ensure the safety of user assets.
4. Regular security audits and vulnerability scans: We regularly conduct comprehensive security audits and vulnerability scans on the platform to ensure system security and stability. At the same time, we maintain close cooperation with well-known domestic and foreign security agencies to jointly respond to cyber security threats.
III. Users strengthen account security protection
With the continuous development of the cryptocurrency market, account security has become an issue that every investor cannot ignore. Whether you choose top-tier firms like OKX and Binance, or emerging exchanges with unique advantages like The First, protecting your own account security is of utmost importance. Even though The First itself is sufficient to provide efficient security protection, users still need to strengthen their account security awareness.
- Enable two-factor authentication (2FA)
- Secure the authentication key
- Check the settings of Google Authenticator
- Regularly check equipment activity
- Manage the withdrawal allowlist of the exchange
- Pay attention to the safety of mobile phone use
Digital asset security is a concern for every investor. The First trading platform always puts user security first, providing users with comprehensive protection through advanced security technology and strict management measures. At the same time, we also call on users to strengthen their awareness of account security and jointly maintain the healthy and stable development of the digital asset trading market. Let's work together to create a better future!
