In a recent interview with CNBC, Mr Risher urged all Cryptocurrency investors to avoid mentioning their Virtual Currency Holdings on the Internet. He is the Director of Product Management in Google. He is also the director of Google Identity, Account Security, and Spam & abuse.

Mr Richer said that Cryptocurrency investors who brag too much about their virtual wealth could attract malicious cyber attackers. Most of the cyber-attacks on the Cryptocurrency wallets are on a certain category. People of this category are they who love mentioning their Virtual Currency Holdings on public message boards. He discussed the same while addressing the recent uptick in cyber attacks on Cryptocurrency wallets.

According to Mr Richer, scammers nowadays are conducting a detailed research on the potential target. If one telesales person asks for your crypto earnings, don’t take it as a regular call as that is a part of their heavy research on cyber attacking you behind your back.

It has come to the notice that this year malicious attacks against crypto traders, especially YouTubers, has increased significantly. Peter Saddington, host of YouTube Channel ‘Decentralized TV’ also asked investors not to show off their trades on the internet. He backed this statement on the fact that even he was also a victim to malicious actors during later 2017.

Mr Saddington also warns investors about bragging their virtual currency wealth. If a person loses Bitcoins to hackers, then S/he is more responsible than the hacker, said Mr Saddington. Sadly, there is no bank available for Cryptocurrency users where one can ask for their stolen currencies back. So, it’s better to watch your own back.