Google Employee Warns People Against Bitcoin Bragging

Nishanth Shetty

September 17, 2018 10:44 am

Crypto Hack

8490 Total Views

Mark Risher, Google’s director of product management, account security recently warned cryptocurrency investors about Bitcoin bragging. Investors were warned not to reveal the information about their cryptocurrency holdings online.

Investors should be careful

Recently, Mark Risher was a part of an interview with CNBC. He warned the crypto traders and investors that they should not reveal their cryptocurrency holdings online. People’s interest towards digital currencies is urging and boasting them online would be riskier. It can attract cyber attackers who could target one’s cryptocurrency wallet.

The Google employee stated that the hackers could easily track investors online using multiple methods. The high-value investors are the targets of crypto hackers. People even discuss their crypto holdings online, so scammers can easily trace them and steal their money. The director of product management warned that discussing Bitcoin on a public message board is dangerous.

According to Mr. Risher, most of the attackers target their victims using social media. They speak to the victim on social media and try to get private information. They might contact them by saying, Dear Sir or Madam, I need a favor from you. Most of the attackers have done some serious research on their victims.

Mr. Risher stated:

“We no longer have a bank that we can whine to and say, ‘bank; my mohackney was stolen, give it back to me.’ No. We’re not in that economy anymore. If you lost your Bitcoin that is 100 percent your fault.”

No Comments