How to Protect Your Bitcoin: $2+ Billion Stolen in Hacks, SIM Swaps, Scams and Even Kidnappings

In this episode of Coin Stories, Natalie Brunell interviews Mark Kreitzman, General Manager for Efani, about the rise in cybersecurity and crypto hacks in 2024. They discuss various schemes used by hackers, including SIM swapping, phishing, and malware, and the importance of protecting personal data. Mark shares insights on data breaches, the vulnerabilities of password managers, and the dangers of fake cell towers. He also explains how Efani provides mobile service with added layers of protection against SIM swaps and hacks, including a $5 million insurance policy. The conversation covers practical tips for recognizing phishing attempts, the limitations of two-factor authentication, and the necessity of cold storage for Bitcoin and the increasing threat of physical harm, such as kidnapping, related to crypto holdings.