Stay Safe: Best Practices for Preventing Account Takeover Attacks | Binance Blog

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Stay Safe: Best Practices for Preventing Account Takeover Attacks | Binance Blog
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Account takeovers put your crypto and information at risk. Preventing them from happening starts with improving your account security. Learn how 👇

Account takeover attacks, where hackers gain control of users' accounts for malicious purposes, are a growing concern for businesses and individuals. They can result in serious financial, emotional, and reputational damage on both individual and organizational levels. For instance, ATO attackers can gain unwarranted access to sensitive information, execute fraudulent transactions, or use the hijacked accounts as launchpads for other malicious activities.

For organizations, these distressing incidents create an environment of fear, leading to reduced morale and productivity among employees. Enhance your account security by changing passwords every three to six months. It’s best to avoid reusing passwords. Avoid password storage offered by web browsers as they may not provide the same level of security as a dedicated password manager. Similarly, refrain from storing passwords on devices. If you lose your phone or laptop, your password may be compromised.

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