Losing your personal data could have disastrous consequences, not just that it compromises your privacy, you could lose your cryptocurrencies if it leads to the hack of your email. This is why it is important to know if your email has been compromised in a data breach.
Recently, BitMex announced that its customers’ email accounts were leaked in a massive leakage that could have potential consequences on the privacy of the users. This is especially so considering that many people do not have dedicated email accounts for specific usage such as for exchanges.
Furthermore, there are some that use the same passwords for a specific email across board in different platforms putting all their accounts at risk in case of a hack. This is why it is important that you be aware if your email has been compromised and take specific action to protect yourself and your funds.
According to Wikipedia,
“a data breach is the intentional or unintentional release of secure or private/confidential information to an untrusted environment. Other terms for this phenomenon include unintentional information disclosure, data leak, information leakage and also data spill. Incidents range from concerted attacks by black hats, or individuals who hack for some kind of personal gain, associated with organized crime, political activist or national governments to careless disposal of used computer equipment or data storage media and unhackable source.”
Are You A Victim of Data Breach?
How do you know if your email is part of a data breach? There are several third-party services that would show you if you’re a victim of such leakages. Haveibeenpwned and FirefoxMonitor are two of the platforms that let you know if your email has been compromised in a data leak.
Even without using any of these services, you could have inkling that something is wrong if you’ve been receiving spam emails. You should be concerned if such emails target your primary addresses that are tied to your wallets or exchange accounts. Hackers are known to exploit compromised email accounts to launch phishing attacks, BEC and even direct hacks in a bid to take over the email leading to identity theft. This is why you should always have 2FA activated in all your email accounts and regularly change your passwords.
Other Security Tips
You should also apply other security tips as offered here to have your email secured. Some experts advise the use of password managers to make sure that your passwords are not the same across different platforms. This would prevent the scenario in which a hacker gains access to all your accounts just because they hacked your email. Others suggest using different email accounts for different exchanges. Whatever decisions you take, it is important that they enhance your privacy and security and not compromise them.
As with every website, if you do not trust the intention of these sites, please don’t use them. This post is for informational purpose only since we are aware that ignorance of the threat won’t help anyone keep their accounts safe.