SIM swapping: a fraud that could cost you everything
We all know that scams have always existed. However, technological advances bring new types of fraud, and learning to protect yourself from them is important. One of the most common nowadays is known as SIM swapping, a type of fraud carried out to steal funds, assets, and personal information. Today, we explain in detail what […]
What is a Rug Pull and How to Identify It?
In the financial world and the cryptocurrency ecosystem, it is common to encounter a company, project, or enterprise that promises to make you a lot of money quickly. Although it’s not always the case, most likely, you are facing a Rug Pull. A Rug Pull is essentially a fraudulent strategy executed by project developers, resulting […]
What are mule accounts in gambling and betting?
In gambling and betting, mule accounts refer to individuals who knowingly or unknowingly share their personal information with fraudsters. These bad actors use the stolen data to create fake accounts on gambling and betting platforms, enabling the illicit movement of money. How does it happen? Mule accounts in gambling and betting can come about in […]
AI & Deepfake
AI and Deepfake scams are becoming more common due to the advent of artificial intelligence. Basically, when talking about Deepfake, it refers to the use of fake content, which has been developed with the intention of deceiving, scamming, and defrauding people. Normally, these types of scams are carried out with the use of artificial intelligence. […]
What is an account takeover attack?
Today’s investors face many challenges due to regulations, market changes, and more. But they also often deal with cybercriminals who may be preparing account takeover attacks to steal their data and money. But what is this? An account takeover attack, or ATO, is a form of crime regularly committed on the Internet. It involves stealing […]
7 Ways to Enhance the Security of your Bitso Account
At Bitso, safeguarding your account and assets is our top priority. While we continually improve our monitoring and protection systems to ensure your security, there are crucial steps you can take to enhance it. Here are 7 essential practices to follow to keep your account even more secure: 1 – Choose a Strong Password Your […]
Investment fraud: How to identify it and prevent it
Investment fraud has become a widespread problem in recent years. As the popularity of cryptocurrency and other investment strategies grows, we are seeing an increase in the number of fraudulent schemes that try and many times succeed in taking advantage of people’s trust to pocket their hard-earned money. The reality is that anyone can become […]
Digital Identity Impersonation: What It Is and How to Prevent It
Digital Identity impersonation is a fraudulent practice in which an individual or group of individuals creates fake accounts on different digital platforms in order to scam others. By using another person’s identity or creating fake ones, they aim at a variety of illicit practices such as pretending to be a friend or family member on […]
Tips to assist in keeping your API Keys secure
What is an API? API stands for “Application Programming Interface”. In essence, it is a software that allows for communication between applications on behalf of the user. When it comes to allowing these interactions to occur, sometimes an “API Key” is required. An API key can be thought of as an unique identifier that acts […]
Cybersecurity Rewards Program
At Bitso, we are committed to providing the highest security standards and responding to the trust that you have placed in us while using our services. As part of our efforts to offer you the best protection for your funds, we launched a Bug Bounty program, by means of which we encourage security experts and […]
