New Kaspersky report finds that 14% of crypto users don’t back up keys, seeds
A third of Americans who own or have owned cryptocurrency have fallen victim to fraud and theft, according to a recent survey by cybersecurity firm Kaspersky.
The survey released by the security firm found that a third of respondents have had their crypto assets stolen, with the average value of the theft at $97,583.
In addition, a third of respondents have fallen victim to a fake crypto-related website or investment scam, with 19% experiencing identity theft and 27% having payment information stolen and money taken from their bank account, the survey found.
Noting significant age differences in crypto ownership and theft, 36% of respondents aged 25-44 said they own cryptocurrency or crypto assets, compared to just 10% of respondents aged 55+. Furthermore, almost half (47%) of respondents aged 18-24 said they have had cryptocurrency or a crypto-asset stolen, while only 8% of respondents aged 55+ said the same.
In terms of safeguards, the survey found that 24% of respondents currently own cryptocurrency or other crypto assets, and on average, respondents said the last time they checked their crypto investments was six weeks ago.
However, 32% of respondents who own or have owned cryptocurrency or other crypto-assets said they have lost access to a crypto-related account, and only 34% use multi-factor authentication to protect their accounts, while only 14% said they store seeds. phrases and private keys for their crypto.
Kaspersky – a company that offers online and crypto security – advises users to be careful where they invest their money and to keep an eye out for phishing scams and fake websites.
Read more: Scam warning: Circle phishing campaign promises fake USDC DeFi exchange
Kaspersky also recommends using any additional security measures available, such as multi-factor authentication and using strong, unique passwords across all accounts, there are still other tools and methods people can use to keep their crypto safe.
While Kaspersky advises users to be vigilant and use any additional security measures, other experts recommend using cold wallets to reduce the risk of crypto theft.
Ultimately, the survey highlights the need for increased awareness and caution when investing in cryptocurrency, be it backing up your seed phrases or more advanced methods such as the use of cold wallets, self-storage and the principles behind it are crucially important when it comes to. to securely store crypto.
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