Law enforcement officials in Singapore have issued a formal advisory to cryptocurrency holders following a notable increase in unauthorized account access since the middle of August. Investigations indicate that criminals are targeting individuals who utilize identical passwords across various online platforms. By leveraging login credentials obtained from previous third-party data breaches, hackers are successfully infiltrating email accounts to gain control over linked digital asset wallets. The police have urged users to conduct thorough security audits of their accounts to mitigate these risks. Authorities noted that perpetrators often systematically scan compromised email inboxes to identify sensitive information related to cryptocurrency holdings. To prevent further incidents, the public is advised to implement unique, strong passwords for every service and to remain vigilant against potential unauthorized access to their digital financial assets.
Source : Malay Mail
Photo : Malay Mail
