What are the potential security risks associated with DNS handshake in the cryptocurrency industry?

1 answers

• Nov 24, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that DNS handshake poses potential security risks that should not be taken lightly. DNS spoofing is a common attack method used by hackers to redirect users to fake websites that mimic legitimate cryptocurrency services. Once users enter their login credentials or private keys on these fake websites, their funds can be stolen without their knowledge. Man-in-the-middle attacks are another concern, where attackers intercept the communication between users and cryptocurrency services, allowing them to tamper with transactions or steal sensitive information. These risks can seriously compromise the security of cryptocurrency transactions, highlighting the need for users to be vigilant and adopt security measures such as using secure DNS servers and verifying website authenticity before entering sensitive information.
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