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7 Ways To Protect Your Digital Life

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Protect your digital life

It feels like every day we wake up to the launch of new smartphones, laptops or “smart” gadgets that connect us to the Internet. The use of such items has become so common that even kids know how to handle an iPad but not everyone is aware that all the data they hold digitally can be accessed.

Try and recall the number of public figures who’ve had their information – be it photos or videos – leaked in the last ten years. As a matter of fact, it has become so easy to leak personal information in the 21st century that the FBI Director had to cover the webcam of his personal laptop using a tape stating that it was the most crucial security step that everyone should adopt. And he is not the only one. Facebook’s founder, Mark Zuckerberg, fears for the same.

Moreover, how many times do we use laptops at work, home or cyber cafes and forget to log out of our most crucial applications because we were in a rush? Or share passwords with friends and colleagues who never log us out? In fact, when Cisco conducted a research to understand how employees put their company’s data at risk, it was discovered that 18 percent of employees share their passwords. The research was done on 2000 correspondents with half being IT professionals and the other half regular employees in ten countries. Such revelation shows that most of our digital life is consumed on office devices and personal laptops.

So, what can we do to protect our digital lives from attackers who try to access our information without our authorization?

Use Secure Passwords

Gone are the days when your child’s name or pet’s name would be used to create passwords for your email, social media or any other device you need to log into.

Most of the applications we access require us to have passwords. Having a secure password is the first step that you can take in ensuring that your data is secure. Email passwords are the weakest.

Ensure your password comprises of twelve or more characters. Make use of letters, numbers and special characters and ensure that you change your password every so often. 90 or 180 days is ideal. Also, storing your password on your computer or printing them out is never a safe idea. Instead, you can use password managers such as LastPass, KeePass or 1Password for increased security.

Encryption is your Friend

SignalYou will have likely started a chat on WhatsApp and seen the message saying, ‘messages to this chat and calls are now secured with end-to-end encryption.’ However, WhatsApp’s encryption technology is far from impenetrable and the fact that it is owned by Facebook, which regularly shares your personal information with third-parties for marketing purposes does not bestow a lot of faith into the privacy of this messaging app.

Instead, you should consider using Signal. Signal is the most secure app for encrypting chats, text messages, and call. Signal can also be used on both Android and iPhones and is the encrypted messaging app that Edward Snowden recommends.

If your data is encrypted and attackers gain access to it, they won’t be able to understand anything without getting a key. Your data thus stays safe and secure when using Signal.

Be on the look for keyloggers

If your device is compromised, no amount of encryption will save you. Malware used by keyloggers are one of the biggest threats to your digital life.

According to Cybersecurity firm McAfee: “A keylogger (short for keystroke logger) is software that tracks or logs the keys struck on your keyboard, typically in a covert manner so that you don’t know that your actions are being monitored. This is usually done with malicious intent to collect your account information, credit card numbers, usernames, passwords, and other private data.”

It’s therefore important to run regular anti-virus updates to ensure that all malware viruses and attack attempts are thwarted. This means that your anti-virus needs to be up to date to perform to its maximum and guarantee you the protection needed.

Unfamiliar links, files, and websites

Every day, we receive multiple email messages and links shared through Messenger or WhatsApp. Some of these links pose a great threat to your device.

In June 2017, there was a global ransomware attack that hit 64 countries affecting hundreds of businesses. The malware was sent in form of files and when downloaded ended up encrypting the data in laptops. Many machines were affected and they required owners to purchase a key to get back their data. British advertising company WPP and pharmaceutical company Merck were some of the companies hit by the malware.

As such, it is important not to download any files or use websites or links that you are unfamiliar with. Ensure that you regularly update your operating software and install an anti-virus software, especially if you are using Windows.

Back up your data

Although encrypting your information is a good move, it is not enough. Hackers are always devising malware that can unencrypt almost everything. Data breaches can, therefore, be quite costly.

In addition to encrypting your data, ensure that you back up your data either to an external hard drive or on the cloud. In the event that you lose it or something happens to it, you will be able to recover your data without a sweat. Moreover, some online backup services like CrashPlan, not only back up your data but also encrypt it.

Besides helping protect your documents, data, and photos from technical malfunctions, backups also help you get back on your feet if you fall victim to a ransomware attack or data loss of any other kind.

Two-factor authentication for email accounts

Using two-factor authentication for your email helps give a second layer of protection to your emails. This means that if anyone tries accessing your email accounts from any new device they will need to undergo a second security step: a code that is sent as a text message to your phone.

Two-factor authentication can also be used for other social media accounts. However, your email is the most important one as most apps or payment sites use your email for password recovery. Hackers can easily retrieve this information if they get access to your email account.

Use HTTPs browser plug-in

Ever noticed that when browsing through various sites, some have the https and others don’t? You might think that it’s not important but it definitely is.

Developed by the Electronic Frontier Organization, the https plug-in ensures that you are using websites in a secure way. This means that your connection to various sites is encrypted and you are more protected from cyber attackers.

It is also important to ensure that the Wi-Fi network you are on is secured. Most public networks and private networks lack security keys which help protect users. Hence, using a VPN surfing in a public network is also strongly recommended.

Why Protecting Your Digital Life Matters

It is no secret that intelligence agencies such as the NSA or the GCHQ collect data on a global scale. We have learned that from the Edward Snowden leaks in 2013. In other words, any data you put online can be viewed by someone else who may or may not have mal-intentions. While governments’ mass surveillance programs are claimed exist to fight terrorism, they have really been created to spy on anyone and everyone to gain a political and/or economic advantage for their governments if possible.

Now, if you feel like you are “too small” to matter and there would be no point going through your personal data then you should still strongly consider protecting yourself online as the Internet is full of hackers who have mal-intentions. Cybercriminals may steal your personal information to sell it on the dark web for a profit or to use it to extract money from your bank or PayPal accounts.

If you are a holder of cryptocurrency, such as bitcoin, then you definitely need to protect your digital life as there is a chance that hackers may target you to steal your bitcoins. This, unfortunately, is much more common than people think and is why we feel it is important to highlight cybersecurity measures to our readers.

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Amber Group Announces Q3 2022 Launch of Openverse, the Gateway Into the Metaverse

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Openverse

SINGAPORE, 11 May 2022Amber Group, the leading global digital asset platform, today announced its entry into the metaverse with the launch of Openverse, a Web3 enablement platform for creators, brands, and businesses. A culmination of Amber Group’s multi-disciplinary expertise in digital architecture and blockchain-native infrastructure, Openverse serves as a gateway to the metaverse, empowering Web2 creators, brands and businesses with tools and services to transition into Web3.

Amber GroupWith the metaverse economy projected to reach $13 trillion by 2030, Openverse marks Amber Group’s venture into Web3 community building. Due to launch in Q3 2022, Openverse is a significant milestone in Amber Group’s plans to aid businesses, industries and societies as they transition into Web3. As a one-stop platform, Openverse will create entry points into the metaverse by delivering end-to-end creative and digital infrastructures for creators, brands, and businesses.

“Digital assets are the first step in realizing a decentralized future where people are empowered to create and connect with online communities, unlocking new digital experiences. While there has been a lot of interest in the metaverse, it remains largely conceptual. With Openverse, we are taking a solid step towards creating this digital reality for all. Backed by our expertise and partnerships within the digital asset ecosystem, Openverse is at the forefront of onboarding businesses and communities into the metaverse, unlocking the true potential of decentralization,” said Amber Group’s Chief Executive Officer, Michael Wu.

Openverse is designed to be a Web3 enablement platform, supported by leading real-time 3D rendering technology to create an experiential digital world for all users. The platform will be accessible on mobile, desktop and VR platforms, and will come equipped with features such as real-time content interaction, gameplay, customizable digital avatars and an NFT valuation system. Openverse will also leverage Amber Group’s flagship digital asset platform, WhaleFin, for its crypto financial services, creating synergies with the company’s thriving consumer business line to expand the reach of its digital asset services.

“We are excited to launch Openverse and convert the possibilities of the metaverse into reality in the next few months. As we develop a gateway for everyone to journey into the metaverse together, we are also building a strong line-up of partnerships with gaming studios, sporting brands, digital artists, and creators in an effort to bridge the gap between physical and virtual economies. Not only will this encourage more Web2 users to migrate into the metaverse, it will also herald a new era for digital assets worldwide,” said Openverse’s Chief Executive Officer, Jo Xu.

About Amber Group

Amber Group is a leading digital asset platform operating globally with offices in Asia, Europe, and the Americas. The firm provides a full range of digital asset services spanning investing, financing, and trading. Amber Group is backed by prominent investors including Sequoia, Temasek, Paradigm, Tiger Global, Dragonfly, Pantera, Coinbase Ventures, and Blockchain.com.

For more information, please visit www.ambergroup.io.

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Why Crypto Casinos Are on the Rise in Africa

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crypto casinos africa

Online gambling has become a rapidly evolving industry. Today, many online casinos are embracing cryptocurrencies to stay on top of the latest trends in finance and technology. 

Because of the continued evolution in the online casino space, crypto casinos in Africa have experienced and continue to experience rapid growth. But, why exactly is this the case?

Read on to learn why crypto casinos are on the rise in Africa. 

Crypto Adoption is Booming in Africa

One of the main reasons why crypto casinos are on the rise in the African continent is because of the booming crypto adoption.

Africa’s crypto adoption rate is reportedly the highest globally. For instance, between July 2020 and July 2021, African countries alone received close to $105.6 billion worth of crypto, representing a 1,200% increase in value within that period only.

Some crypto casinos have been able to benefit from Africa’s high crypto adoption rates by accepting bets in digital currencies such as bitcoin (BTC) and litecoin (LTC). 

Anyone Can Take Part 

Using cryptocurrencies, there are zero restrictions as to who can send or receive payments, alleviating all potential payment issues that can arise with traditional payments companies when you are located in certain African countries. 

Additionally, players are guaranteed privacy, which is very appealing to most online casino players. This is because players don’t have to share their names, location, or bank details to receive payments from the online casino they are using.

Fast Deposits and Withdrawals

One challenge with traditional fiat currency that most casino players experience is that it can take up to a few days for a transaction to complete. Moreover, having to change the pay-outs from fiat to crypto and vice versa in order to deposit or withdraw funds into an online casino can become costly.

However, cryptocurrency transactions typically only take a few minutes. This means that players are able to near-instantly make their deposits and withdrawals with very little wait time, thus being able to fully maximise any potential profits. Additionally, crypto transactions are also very secure.

African Gamblers Want to Win Crypto

Another reason for the rise in crypto casinos in Africa is because African gamblers want to win crypto. 

African currencies in many countries have been known to suffer from currency devaluation thanks to high inflation rates, which have resulted in citizens turning to cryptocurrencies such as bitcoin. Besides, players also find it hard to make bets on online casinos using fiat currency as they become unable to fully maximise their profits due to high inflation.

Given that cryptocurrencies such as Bitcoin are a store of value, players can also choose to HODL their pay-outs for as long as they need in their crypto wallets and trade the same when the price of bitcoin, for example, rallies. This way, players are not only able to earn some “extra” money, but they are also able to avoid paying costly fees in transactions when converting from fiat to crypto and vice versa.

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Weekly Roundup: African-Inspired NFT Art Collection to Launch in October & More

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African Inspired NFT Art Collection

An African-inspired NFT art collection is set to launch in October. To learn about this and other top stories this week, read on.

African-Inspired NFT Art Collection to Launch in October

Masks of EtherMasks of Ether, an NFT collection that draws inspiration from West African tribal art, will launch on October 5. Harrison Foko, the artist and creator of the NFT collection, “will release 10,000 generative images featuring pixel art masks.” Foko’s goal is to bring traditional African art to the blockchain and expose it to new audiences.

“I am excited to bring my own roots into the NFT space. Using something so tribal and traditional in this modern pixel-art form has never been done before. The community is ready and excited for something new,” he said.

Foko plans to give $100,000 of the NFT proceeds to The CryptoSavannah Foundation and Survival International. The former is a non for profit organisation using the blockchain to change African lives, while the latter is a human rights organisation that fights for the rights of indigenous people.

More and more African artists are embracing non-fungible tokens. For instance, these three Zimbabwean artists have made some income from selling their art on NFT marketplaces.

Crypto Exchange Yellow Card Secures $15M in Funding

Yellow Card, a crypto exchange operating in twelve countries, has secured $15 million in funding. According to the company, they will use the funds to scale their operations. Since the beginning of the pandemic, the company has increased its users across Africa almost 30-fold.

Yellow Card

“Our mission has always been to make cryptocurrency accessible anywhere and everywhere across the African continent. Now, we have the backing to make that a reality, alongside an amazing team of investors who share our vision,” said Chris Maurice, the CEO.

The Series A funding round was led by Valar Ventures, Castle Island Ventures, and Third Prime with participation from Square Inc., Coinbase Ventures, Polychain Capital, GreenHouse Capital, BlockFi, Blockchain.com, MoonPay, and more.

“We believe in Yellow Card’s vision of a Pan-African cryptocurrency platform. What cemented the deal is their multi-national team, which we believe has the local knowledge, technical expertise, and unequivocal passion to address the basic financial services needs of the continent,” stated James Fitzgerald from Valar Ventures.

eNaira Website Goes Live

Nigeria’s eNaira website is live ahead of the launch today. This could indicate that the Central Bank of Nigeria (CBN) is keen on seeing its plans for a Central Bank Digital Currency (CBDC) succeed.

The website states: “[The] eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments.”

With a CBDC in place, experts are worried that Nigeria will follow China’s steps and implement more anti-crypto policies.

“Yes, we expect the CBN to champion even more anti-crypto policies, as it is clear it sees crypto as a hindrance to its monetary policy objectives even though data confirms that as a fallacy. Every crypto company in Nigeria should innovate ways to work within a restrictive system and think about jurisdictional changes,” Chiagozie Iwu, CEO of crypto exchange Naijacrypto said.

Paxful Promotes Crypto Developers in Nigeria with Donation

Paxful has announced that it is donating to the Human Rights Foundation. The funds will go to “the Qala Fellowship, a program that will find and grow local Nigerian talent, starting with the developers who want to build a career in crypto.” The program will help the crypto developers to contribute to the open-source network, secure jobs with bitcoin companies, or start their own companies.

Paxful

Paxful CEO Ray Youssef said: “Paxful follows energy, and it is clear that the Nigerian youth will make a profound impact on the global economy through Bitcoin. They have entrepreneurship baked into their DNA, but they [do not have] the chance to showcase their talent on the global stage. First and foremost, the Qala Fellowship is a career roadmap for Nigerian developers. But it also is a way to support the local economy and a means for Bitcoin to capture more developer mindshare. We are proud to fund this project and cannot wait to see what these developers create.”

Nigerians that join this program will benefit from a six-month course that will teach them everything they need to be successful crypto developers. Moreover, Qala Fellowship will facilitate internships and full-time jobs and set up talks with seasoned professionals.

To learn more about Bitcoin, download the Bitcoin Beginner’s Handbook for free.

Bitcoin Beginner's Handbook

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