EXMO is under attack!
February turned out to be entertaining in terms of digital security. Many projects are under attack, which we regularly write about in our news articles. But today, not a little-known platform has become a target of hackers, but one of the largest resources of the crypto industry – the EXMO currency exchange. At the moment, the servers of this site are undergoing a serious, well-planned attack. Below we will tell you the details of the event and provide tips for users of the resource. So let’s get started.
What is known at the moment
The EXMO exchange has always been the standard of quality and a careful approach to the technical side of work. However, even a proven platform cannot resist trained and unscrupulous hackers. The latter use a classic but effective DDoS attack. Let us recall that this type of interference in the work allows hackers to almost completely paralyze the work of one or another digital resource. With the help of special software, hackers simulate a huge load on the site. It’s as if a billion people are instantly accessing the resource. Obviously, only single servers of the largest companies can handle such traffic. The EXMO functionality, on the other hand, did not withstand the huge traffic flow and failed.
At the time of this writing, the developers have started to solve the problems encountered. Indeed, as a result of interference with the service, the ability to conduct trading operations was disabled. Users cannot sell and buy digital currencies. This, as you can imagine, deals a strong blow to the reputation and comfort of the account holders. Perhaps the most unpleasant feature of such an attack is the inability to quickly fix the problem. Hackers load the servers so much that even the site owners themselves cannot get access to their project. It is almost impossible to remotely intervene in what is happening.
That is why it takes a long time to eliminate the consequences and, most importantly, to stop hackers. Let’s discuss the order of actions that must be taken by account holders in the event of a collision with such activity on the selected exchange. Without further ado, let’s see.
What should EXMO users do?
First of all, don’t panic. DDos attack is a fairly old way of inflicting damage on a website. Which, by and large, is aimed at undermining the reputation and so that the developers themselves lose money due to downtime. You don’t have to worry about the safety of your own funds. Ordinary users do not get hit, in any case, if there was a real threat to customer savings, the developers would report such a danger. But at the moment, the creators of the platform are looking for a solution to the problem. And we have no doubt that the EXMO team will quickly fix the problem.
After all, we are talking about one of the largest digital exchanges. Which is probably capable of dealing with simple hackers. Let it be prepared. The attack will be eliminated. And the culprits are found, there is no doubt about it. So feel free to continue using the EXMO functionality after the service resumes. However, remember that the safety of your own funds is your first priority. Make sure that the passwords you use are reliable. And it is better to withdraw large amounts of money to specialized wallets.
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