Blog | G5 Cyber Security

Port 8545 and Ethereum Wallets, A Very Bad Combination

Port 8545 was used for exposing some Ethereum wallets to the public Internet without the knowledge of its owners. With a much lower price, easier to mine and easier in system resources, it became very popular. With an Internet-exposed. wallet, unauthorized fund transfers can occur, causing the unsuspecting user to lose. The only initial defense strategy against this is for the user to be mindful of their wallets, by setting a very strong password for it, preventing brute force attack against its encryption.”]

Source: https://hackercombat.com/port-8545-and-ethereum-wallets-a-very-bad-combination/

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