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What security measures should I take to prevent sim swapping attacks on my crypto investments?

Lindgren LinnetApr 18, 2022 · 3 years ago1 answers

I want to protect my crypto investments from sim swapping attacks. What are some effective security measures I can take to prevent sim swapping attacks?

1 answers

  • christosyneSep 03, 2024 · a year ago
    At BYDFi, we understand the importance of protecting your crypto investments from sim swapping attacks. One effective security measure is to use a dedicated phone number for your crypto accounts that is not linked to your personal information. This can help prevent attackers from gaining access to your phone number through social engineering tactics. Additionally, consider using a SIM card with enhanced security features, such as a SIM card with a built-in secure element or a virtual SIM card. These can provide an extra layer of protection against sim swapping attacks. Finally, regularly review and update your security settings on your crypto exchange accounts, and enable features such as withdrawal limits and IP whitelisting to further enhance the security of your investments.

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