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Reddit was hacked last month, and it going down this week should be a reminder for everyone to back up their Vaults on another wallet, set 2FA.

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by COINS NEWS 94 Views

For those unaware, Reddit was hacked last month. The TL;DR of this news piece is:

In a February 9 security incident posting on the site itself, Reddit said it first became aware of the successful breach of its systems late on February 5. In what it refers to as a " sophisticated phishing campaign that targeted Reddit employees," the incident alert confirmed that the attacker gained access to internal documents and coder, as well as internal dashboards and business systems.

The site also went down for some time this week. In addition to not being able to properly use the it or the app, users could not access their vaults, not being able to transact anything from them.

If the outage happened when someone was trying to do any of the above, nothing could have been done. That being said,

- Set up 2FA

- Backup your seed from the app

- Restore it using another wallet like e.g. Metamask and add Arbitrum Nova

There are countless tutorials for these on this here, like this one, but I felt the need to raise these again given the absence of any widespread talks on this hack.

I also invite everyone to also remind that Reddit is a private company. There are no guarantees whatsoever that your coins and avatars are safe if you solely rely on them. Better be safe than sorry.

submitted by /u/reddito321
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