![]() To do so, on the Privacy and Security tab, select Two-Step Verification (Telegram’s term for 2FA), and set a strong combination. In case someone manages to SIM swap you, Telegram will prompt them for a password in order to access your account, instead of just letting them in based on having access to the phone number. The primary login method uses a one-time code sent by text, so Telegram lets you set a password as the second factor. You need to set up two-factor authentication to protect your account against hijacking. We’ve created a small guide to help crypto users secure themselves on Telegram, so that they can avoid the most blatant security pitfalls. ![]() ![]() If you’re not careful, there are ways to get pwned through Telegram, as well. Since everyone is on Telegram, Telegram is the place where hackers concentrate a lot of firepower. If attackers don’t know your phone number, how can they SIM swap you? So goes the logic, and so a lot of crypto users just install Telegram, ignore the settings, and call it a day.īut that’s not enough. Telegram’s killer feature is that it allows an easy and convenient way to communicate with others via username, instead of phone number. ![]() 2FA over text, plus SIM swap, often leads to a zero bank balance. A lot of tradfi banks and other services operate on legacy technology, for example, meaning that many only offer 2FA authentication via text. SIM swap attacks, which transfer ownership of your phone number to a malicious attacker, are a common attack vector.Īnd once the attacker has your number in hand, they can cause all sorts of mayhem, most notably by obtaining two-factor authentication (2FA) codes for your important logins that are sent over text. The lightweight chat client Telegram is one of the most common methods of communication in crypto, and there’s a good reason for that. ![]()
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