How to secure your cryptographic investments against hacks
The world of cryptocurrency has gone through a long way since the establishment of in 2009. With the increase in Bitcoin, Ethereum and other digital currencies, people were able to invest and earn significant amounts of money online. However, like any investment, it is necessary to take precautions to protect cryptographic investments against hacking and other safety hazards.
In this article, we will examine the best tips on how to secure your cryptographic investments and minimize the risk of hacking.
Why cryptographic investing is susceptible to hacking
Before immersing ourselves in security measures, let’s quickly discuss why cryptocurrency investing is susceptible to hacking. Cryptocurrencies are decentralized, which means that they are not controlled by any government or institution. This makes it easier for hackers to start attacks on these systems. In addition, cryptocurrencies are often traded on online exchanges, which can be a high risk environment for hacking.
5 best ways to secure cryptographic investments
To protect your cryptographic investments from hackers, follow the 5 best tips:
- Use strong passwords and two -component authentication (2FA)
Using strong slogans is crucial for preventing unauthorized access to the cryptocurrency account. Try to use a password with a length of at least 12 characters, contains capital and small letters, numbers and special characters. You can also enable two -component authentication on your stock exchanges or wallets.
To obtain additional security, consider using a password manager such as Lastpass or 1Password to generate unique and complex passwords for each of your account. In addition, you can turn on 2FA on your exchanges and wallets using methods such as SMS or Google Authenticator.
- Use the hardware portfolio
The hardware portfolio is a physical device that stores private keys, which are the key to unlocking cryptocurrency accounts. Using the hardware portfolio can significantly reduce the risk of hacking through physical protection of private keys.
Some popular hardware portfolio options include Ledger, Trezor and Keepkey. These wallets offer advanced safety functions, such as encryption, safe storage and safe start mechanisms.
- Be on a regular basis about safety hazards
Informing about security threats is crucial for the protection of cryptocurrency investments. Follow renowned sources, such as Cindesk, Cindell or DECRYPT, to be up to date with the latest hacking trends and the best practices of cryptocurrency protection.
The best practices for securing the cryptographic account
Here are some of the best practices for securing a cryptographic account:
* Be careful thanks to public Wi-Fi : Avoid using public Wi-Fi networks when accessing cryptocurrency exchange or wallets. Public Wi-Fi may be susceptible to hacking, so it is necessary to use a safe connection (such as HTTPS) and update the device.
* Use safe search engines : use search engines such as Duckduckgo or StartPage that do not follow the search. These search engines offer advanced security functions, such as encryption and secure data storage.
* Regularly create a backup of data : regularly create a backup of the cryptocurrency account using cloud services, such as Google, Dropbox or Microsoft OneDrive.
how to recover in the hack
If you fall victim to hack, it is necessary to act quickly to minimize the damage. Here are a few steps to take:
1.
- Change passwords
: immediately change the passwords and enable 2FA on all affected accounts.
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