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

1 answers

• Dec 26, 2021 · 3 years 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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