How to recognize and address fake cyber threats

How to recognize and address fake cyber threats
Tatiana L.
Mar 18, 2024

In a world where cyber threats are on the rise, scammers often target SMM panel owners, claiming access to their panels.

But does this truly indicate a security breach, or could there be other explanations? This blog post will break down everything about it.

Fake ransom scams: How to spot them?

The most common scam goes like this: you get a message saying your panel was hacked. As proof of that, they include some of your panel users' login data, demanding payment to fix the supposed issue.

Unfortunately, some SMM panel owners fall into this trap, get scared, and end up sending money to the attackers.

Can it be a real security threat?

A real security problem would affect everyone and be easy to spot, leaving no doubt about a possible breach.

But in reality, such scammers demand money to fix a problem that doesn't actually exist. Their main goal is to make you panic.

Despite what they say, there simply cannot be a real hacking or breach on our platform. At Perfect Panel, we pay great attention to security, making sure that everything is strongly protected and guaranteeing the safety of your data.

How can scammers get your users' login info?

While data on Perfect Panel is highly secure and utilizes the most advanced password encryption algorithms available, some third-party SMM panels may have direct access to users' logins and passwords in their database. Additionally, there are numerous other sites, third-party panels, and scripts where users may compromise their passwords or risk having them stolen. In such cases, their data might end up online in scammer databases.

Here’s how it could end up being exposed:

It's quite common for users to use the same password for different websites. If a password isn't encrypted and an attacker gains access to it on one third-party site, they can automatically gain access to all other accounts, including your SMM panel. They achieve this by searching online databases for matching username-password pairs across various platforms.

Some hackers even use phishing attempts - create fake panels with cheap services just to gather usernames and passwords from users, further selling these databases on the black market.

The owner of third-party panel scripts or solutions can also misuse users' data for malicious purposes or risk losing the sensitive data through hacking since they often lack security measures.

Other potential reasons how your users’ login info could be stolen:

  • Suspicious websites: Using passwords on insecure sites exposes cybersecurity to a huge risk.
  • Cheap SMM panels: Low-cost solutions may seem appealing, but they are risky as they don't guarantee security. Their main goal is to make money, so they don't pay enough attention to users’ safety.
  • Weak passwords: Passwords that are too simple or predictable can easily be cracked.
  • Improper password storage: Leaving accounts open or allowing a third person access to devices puts login information in serious danger.

Long story short, responsible users who periodically change their passwords and use two-factor authentication are less at risk to get their passwords compromised online.

Threat-handling tips for SMM panel owners

Here are practical tips for dealing with such scenarios:

  • Don't fall for the scare tactics: Cybercriminals often use fear as a weapon. When someone claims they've hacked your account, take a deep breath and verify the situation.
  • Never pay anyone: Regardless of the circumstances, don't get into a conversation with the attackers, as there's no point in communicating with criminals. And most importantly, do not agree to pay them to resolve any supposed issues. Before taking any action, feel free to contact our support team for help or information.
  • Stay calm: Rest assured that Perfect Panel is secure and protected. Fraudulent user databases that scammers use are usually not even linked to your SMM panel. They could originate elsewhere but share the same login and password. Scammers often prey on users who have never updated their passwords or use identical login details across various platforms.

When confronted with claims of hacked accounts, please remember: We take security seriously, and those claims are just tricks to get you to spend your hard-earned money.

Key practices to ensure your and your users’ security

  1. Avoiding suspicious websites and links: Ensure the sites you use and the links you follow are not fake.
  2. Using strong passwords: Create robust, unique passwords using a mix of upper and lower-case letters,   numbers, and symbols.
  3. Creating unique passwords for different sites: Never use the same passwords and usernames across    various websites and panels. This will keep all the other accounts safe in case one of them gets hacked.
  4. Using two-factor authentication: This extra layer ensures 100% resistance to unauthorized access, even if passwords are compromised.

If your users' passwords are compromised (or to prevent it from happening), guide them on how to boost their security. Recommend using stronger passwords, changing them regularly, refreshing the API key, and turning on two-factor authentication. It's a smart practice for everyone's safety.

As cybercrime keeps rising, it's now more essential than ever to prioritize the security of your SMM panel. Stay informed and put these tips into action to protect your panel from any potential cyber threats.

And remember, our team is always there to assist you. Feel free to reach out to us in case you have any questions or require support.

Further reading

How DDoS protection works on SMM panels Feb 05, 2024

DDoS attacks are a serious threat to modern businesses. Learn how to spot and handle them effectively to keep your SMM panel protected.

SMM panel payment methods: 8 key factors to consider Jan 12, 2024

Whether you're an experienced SMM reseller or just starting out, this blog post will help you navigate in the sea of payment options to choose the one that suits your business needs best.

7 mistakes new SMM service resellers should avoid Nov 02, 2023

Regardless of your level in SMM reselling, mistakes can be expensive. Find out what missteps you should avoid to stay on track.