Day: November 25, 2019

Lucky Seven Monday article: “Do hackers attack your masternode server? How to check and prevent”

Lucky Sevens Monday article this time is talking of something very noteworthy for any of you who are running your master nodes in either your own servers or on any VPS platform.

This article is all about your Server security, and it applies even to miners to some extent. For I can from my own experience tell that one time my S9-machines got hacked by brute force exactly as Lucky Seven here is describing.

Yes indeed, one morning I woke up and thought network had gone down as all machines in a certain location had stopped mining. However, when I called to other guy who had some of his machines at the same place, he’s machines were all working fine.

So I went to check to the spot, and what did I find… Someone had changed my wallets in these machines into their own wallets, and funnily, they had even changed Litecoin miner’s wallet into a Bitcoin Wallet, meaning they didn’t actually get anything from that one.

How did this happen? The explanation was simple. I had not changed the default username/password combinations, while the other guy had. As I had remote access to these machines, so did anyone else on the internet.

Therefore someone went on through internet checking bitcoin miners default username/password combination, and if succeeded, changed their own wallet address through settings. Luckily in my case, my machines mined only for three hours for that hacker, but had I not been keeping my eye on my machines constantly, he could have got considerably much more.

To avoid amateur mistakes and losses like this, you better read Lucky Sevens’ newest article about some simple security measures you can take on your Servers, be they VPS or residing at your own house, they are equally vulnerable.

Get your Servers better protected by reading the article from any of the below places:

CryptoAcid

Publish0x

Steemit

Medium

Minds

KYC coming to some Telos services – handled by Civic

You might have noticed that many Crypto Exchanges stopped at the later part of this year. This is because laws have changed and are about to change even more having made some exchanges decide to stop instead of complying with the new laws as it had been too hard or expensive to do so.

At 2020 new set of laws will come to effect that will also collide with some of Pascals plans and therefore some Telos projects in the future will need KYC (Know Your Customer) verification done before they can legally be offered.

Luckily this isn’t so bad a situation as it first sounds.

As many companies, smaller ones too, suddenly need to start performing KYC on their customers, this is clearly a problem to them since it can take a lot of resources to keep KYCing people, especially when profits per customer can be quite a small amount only in some of the businesses.

But when there is a problem, it might also be an opportunity, and so it is this time too and companies like Civic have popped up to solve this problem by bringing not only a win-win situation but a win-win-win situation where all parties benefit.

Civics win is that it now has a business from KYCing people. Customer Companies, like Pascals, benefit is that they don’t need to worry about KYC when they can just pay Civic to handle it. And Customers benefit is that when they get KYCed by Civic once, they don’t need to do that again on any of the services that keep using Civic for their KYCing.

This also means that when you KYC yourself once at Civic, you will in future be able to use any Telos services without KYCing a second time.

If you want to be prepared for the future already, you can go and download Civic App to your mobile from Civic.com and KYC yourself.

So far Pascal has specifically only announced that Blueboxes will get affected by KYC and that you either should KYC yourself by the end of December, or if you don’t wish to KYC yourself, sell your boxes away.