How People Start Valuing Digital Safety, and What is the Price

As the use of digital technology becomes more common, the value of digital safety now rules the market. Almost all our daily activities feed information to a digital system. We work, transact, and communicate online. According to research, the average global internet user spends about 7 hours per day. But are they as secure as we thought them to be?

Gamers Now Have More Secure Options

Online gaming is a lucrative industry, which was what attracted scammers and hackers to it. It is not a secret that a significant percentage of password-stealing Trojan viruses are detected in online games. These hackers aim to gain possession of players’ virtual in-game property and currency and then sell them on auction sites. That’s why most platforms are now amping up their security so their customers can feel safer.

A perfect example of this is online casino games. Platforms are now adopting enhanced security by using advanced encryption technology to protect your data and transaction history. Another method is using biometric authentication log-in, such as facial recognition and fingerprint scanning technology. Players can also use blockchain to conduct transactions in online casinos, making it faster, anonymous, and more secure. There is more to discover when it comes to the question of how to play a safe online casino but keep in mind that the best solution is to rely on many factors, not just one or two.

But not all platforms are as secure as the next one. To pick the right ones, make sure the online casino you’re using is licensed. An online platform that’s already authorized and licensed by a reputable governing body means you’re protected from scams. Also, make sure that the site is SSL encrypted. That way, nobody can steal your confidential data from the site.

Digital Wallets Are Good, But Are They Safe?

There’s a rise in the use of digital wallets. The technology has existed for decades, but it gained traction thanks to the pandemic when everything was made contactless. Nowadays, 55% of consumers use digital wallets, a significant rise from 38% before the pandemic. People now have the luxury of paying cashless by choosing between different digital wallets like Google Pay, Venmo, PayPal, or Apple Pay. There are also digital wallets used for storing cryptocurrencies, such as Binance and Bitgo.

But are they entirely safe? Not always. One such case is the Atomic Wallet hack that resulted in the loss of $35 million worth of digital assets from their users. The company acknowledged the hack on June 3, 2023, and advised their users to report any illicit activities to prevent hackers from accessing their funds further.

So, how do you keep your digital wallets safe? The first is to lock your phone and important apps using biometric authentication or a unique password. The next one is to monitor your account activity from time to time so that when a suspicious activity occurs you can immediately shut the account. You can also install security apps that can keep your digital wallets safe and remove historical data.

Also Read: Trust Wallet: Cryptocurrency Storage and Transactions

We Store All Personal Information on Our Smartphones, What If…

We are now much more dependent on our smartphones. All of the things we’ve covered in this article are usually done using our phones, from mobile payments to gaming, or managing digital wallets. We also use it to store documents, bank account information, and even medical records during hospital visits. All of this information is stored inside our phones and can be accessed by hackers if proper security measures are not taken. About 45% of companies reported that they experienced mobile-related compromises in 2022.

What happens when our phone is lost or taken by someone? The first would be an inconvenience, but will it also mean safety issues? It depends. Let’s say you’ve taken proper security measures, such as biometric authentication. The chances of criminals draining your account or accessing your information are less than if you’re not prepared. Other ways to make sure your phone is properly secured are by ensuring the operating system is updated, setting up remote-wipe features, and enabling tracking features.

It’s important to know that sometimes, hackers won’t even need to have physical access to your phone to crack it. To counteract this, you need to avoid using public Wi-Fi without a VPN and always use trusted sources when downloading apps.

To Sum Up: Is Technology Making Our Digital Life More Secure, or the Opposite?

Technology has made our lives easier and more enjoyable, but it’s up to us to take care of our own digital safety. It is not a secret that great things come with great responsibilities, so when people consider technology as a fully safe environment, this is when unavoidable things happen. All the statistics and studies show very effectively how dependent we are on our devices, which means we keep lots of personal information in them.

This is good, but let’s keep our digital space clean and safe to enjoy the full capacity of technological advancements.

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