How powerless would you be if some fraudulent individual decided to hack  your LibertyReserve , AlertPay or your favorite e-currency account ? Well, it happened to a trusted reader of the privatehyipblog.com a couple days ago.  Luckily, the criminal could only steal a small amount since my reader didn’t have much money  in his Liberty Reserve account. The last time I got an e-mail from a reader whose LibertyReserves were stolen, it was much, much more dramatic:

In April 2010, more than $60 000 disapeared from the Gentleman’s wallet, but this time the money was not stolen from his e-currency account. Instead, the cash got fraudulently withdrawn  from the victim’s HYIP account ( Panamoney , which became a scam like others, but was an industry leader back in 2009 with GeniusFunds, NanomoneyCorp and the likes). In fact, the thief accessed my reader’s account, changed the LibertyReserve account number to his own and used the ”early withdrawal option” offered by many HYIPs, to steal the money. The victim was a senior man and he counted in part on the income generated from Panamoney for his retirement days…

I felt important to share these two real-life example to stress the importance of adopting secure behaviors not only concerning your personal informations stored at Liberty Reserve, Alterpay, Perfect Money, etc but also for your active HYIP accounts. Here’s what I do to make sure my HYIP money is always safe :

Liberty Reserve Security or Hack protection :

We’ve all heard famous sotries of real-life hackers being able to hack into the FBI files or such highly secured websites. I don’t know how those skilled people do it, but I know my Liberty Reserve or AlertPay can’t be hacked  just by clapping fingers, or is it?

In fact, I could begin to send fake Liberty-Reserve e-mails to thousands of targeted people asking them to provide me with their account ID, password and pin numbers. To increase my chances of success, all I would have to do is work on the chosen text to make it as close as possible with what the recipient thinks such e-mails from LibertyReserve really looks like. By providing myself  with an e-mail address similar to ” LibertyReserve@support.com ” and with all the elements of a real LibertyReserve e-mail, chances are some people will send me their infos just like that. It sounds ridiculous, but it happens everyday. Authorities call this criminal activity a ” Phishing attack ”.

Another possible tactic is to create a copy of LibertyReserve.com and host it on LibertyReserv.com for example. Creating a copy of a website is apparently very easy to do. Then, I could send you an e-mail , kindly asking you to login to your account pretending I’m a real LibertyReserve representative who would like to ensure your account security is at its maximum, by upgrading your master key to a more secured one… Of course, I would include a link to my fake www.libertyreserv.com website in the e-mail. It might even be worth buying a SSL certificate for my fraudulent business. The inexperienced people who would  access their account via my fake website would of course provide me with all their details including : password, account number, pin code and masterkey.

It can get more complicated than that when IP address detection is activated which then requires access to the victim’s e-mail account but that could be stolen too. Note that other fraudulent strategies are used like infecting the victim’s computer with a virus that tracks which keys the person type on a keypad. The above mentionned have been used by many thieves wound the globe and are in no relations with real hackers who cracked the FBI for example.  Computer hackers and thieves are ingeneous and we’re not finished having them around the web. Now, what do I do to counter their attacks?

• I believe it’s easy keep a secured environment for my online transactions,  including LibertyReserve, HYIPs, Ebay, Paypal, ect.

1. Install a good Anti-Virus with Firewall and always keep them updated ;
2. Activate the IP detection for my e-curency accounts ;
3. Never open or click on any suspicious e-mails I receive because spams are really spams most of the time! My favorite e-mail provider is gmail.com ;
4. Always be lucid , not naive! If I get an e-mail from an authority like a HYIP admin or the support of my e-currency account, I reply to them directly using the official contact form asking if the e-mail is really from them. That’s especially important if the two e-mails don’t match.
5. Never surf around unknown websites ;
6. Always double check the little yellow locker and if the URL is correct: www.privatehyipblog.com and not www.privathyipblog.com ! We can easily be mistaken…
7. Never store my password or any account informations on my computer ;
8. Only conduct online transactions with my own computer. I don’t trust public machines or connections for my  financial needs;
9. Inform myself of online  security hazards and act in consequences. An informed person is much better protected than the ignorant one.

• When I join a HYIP :

1. I never provide my real personal informations ( driver license, passport, etc ) even if the administration pretend they need it to verify my identity;
2. I write my random password ( ex: 43hkk62p ) and all login information on paper and keep track of my business also in my notebook ;
3. I don’t store any login infos on my computer ;
4. I  always use a different password ;
5. Make sure the IP detection is activated ;
6. I always check for the little yellow locker ;
7. I delete the confirmation e-mail containing all my login details that many HYIPs send when we join their program;
8. I never keep money in my Liberty Reserve or AlertPay accounts for long periods of time.  I try to withdraw it or re-invest it in a manner of hours when possible.

To conclude this article, I hope I underlined with a red marker the reality of people who get their Liberty Reserve or HYIP account hacked. How safe is your HYIP business really  depends on the actions you take to protect it. In the end, I’m also just a simple click away from being tricked by hackers…being aware of that danger becomes vital! I enjoy making money online by surfing the HYIP market waves and I keep in mind that my account security plays a part in my success.

I welcome you to subcribe to PrivateHYIPBlog.com now. This week,  you would get my next article about the best timing to make a profit with a HYIP. In fact, that’s one of the most difficult part in the life of a successful HYIP investor.

Stay tuned!

Frank