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  1. Security

Phishing Awareness and Prevention

PreviousWhy Your Security Matters?NextStaking

Last updated 4 months ago

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What is Phishing?

Phishing is a common cyberattack where scammers trick individuals into revealing sensitive information such as passwords, wallet secret phrases, or financial details. These attacks often appear as legitimate communications from trusted sources.

Hipo's Commitment to Security

At Hipo, we are dedicated to educating our community to safeguard themselves from phishing scams. This page provides tips and examples specific to Hipo-related phishing attempts. We will continue updating it as we discover new and significant scam methods.

Understanding Phishing in 3 Steps

Phishing attacks usually occur in three stages:

  1. Reach Out: Scammers contact you through emails, texts, or social media messages.

  2. Gain Trust or Arouse Greed: They manipulate you by pretending to be trustworthy or by offering fake rewards and profits.

  3. Steal Data or Money: The ultimate goal is to obtain sensitive information or funds.

You can prevent phishing by staying informed and gaining experience in identifying each step.

Step 1: The Initial Contact

Be cautious of unknown messages, even from friends’ accounts, as they could be compromised. Avoid clicking on links or providing sensitive information without verification.

Step 2: Building Trust or Exploiting Greed

Scammers often create a sense of urgency or excitement. Beware of messages offering rewards, big profits, or threats like account suspension.

Step 3: Data or Money Theft

Never share your wallet’s secret phrase or other sensitive data with anyone or any service.


Tips to Protect Against Phishing

  • Avoid suspicious links and always verify the sender before clicking.

  • Enable Two-Factor Authentication (2FA) for email and social accounts.

  • Never share your wallet’s secret phrase with anyone or any service.

  • Double-check URLs to ensure you’re accessing Hipo’s official apps.

  • Verify with Hipo’s official channels if you have doubts.

  • Stay informed about the latest scams and online security practices.

  • Be wary of messages that pressure you to act quickly or promise rewards.

Official Hipo Channels


Phishing Examples and How to Handle Them

Example 1: Fake Hipo Reward Program

Scenario: You receive a message from someone claiming to represent Hipo’s $1M reward program. They direct you to a website that appears to be Hipo’s and ask for your wallet’s secret phrase.

Solutions:

  • Hipo admins will never DM you first or ask for sensitive information or money.

  • Verify the website address to ensure it’s legitimate.

  • Never share your wallet’s secret phrase with anyone or any service.

Example 2: Exclusive Investment Opportunity

Scenario: Someone contacts you, claiming to know you’re part of the Hipo community, and offers an exclusive investment opportunity.

Solutions:

  • Be cautious of unknown messages or requests for sensitive information, even from trusted contacts, as their accounts could be compromised.

  • Avoid acting on such offers without thorough verification.


Stay Vigilant

Phishing scams are constantly evolving, but by staying informed and cautious, you can protect yourself and contribute to a secure Hipo community.

Website:

Webapp:

Telegram Channel:

Telegram Bot:

Twitter (X):

πŸ›‘οΈ
⚠️
hipo.finance
app.hipo.finance
@hipofinance
@hipofinancebot
x.com/hipofinance