in

Cybersecurity: You Are Your Own Bank Now

Just a reminder/PSA: As a crypto buyer, you’ve got to think of yourself as your own bank, which means you are also responsible for your own security. This may be obvious to many, but if you’re buying crypto it’s important to update your computer’s security to reflect its role as a place for financial exchange or storage.

Of course, using a hardwallet and limiting your crypto‘s time on exchanges is a big deal. Beyond that, using a VPN to maintain IP-address security is a good idea. If you keep your money on a hard wallet and off the web, the privacy of your physical location is important to divert attention from that sock drawer where you keep those precious tendies. You might even choose to get a security deposit box at the local post office for added security.

If you have money on exchanges, you should be even more vigilant with your web usage. Avoid public wifi routers and unsecured domains that could invite hackers into your digital space.

All-in-all, I’m sure I’m preaching to the choir. A secure crypto world goes a long way to continuing its adoption into the mainstream.

Here are some further resources for beginners, laying out ways to keep your crypto and digital identity safe. If anyone has any further security tips, feel free to add them in the comments.

[https://www.youtube.com/watch?v=0J6YOKhpDWg](https://www.youtube.com/watch?v=0J6YOKhpDWg)

[https://www.coindesk.com/how-to-protect-your-crypto-from-cyber-attacks-during-covid](https://www.coindesk.com/how-to-protect-your-crypto-from-cyber-attacks-during-covid)



View Reddit by caspertheasperView Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

7 Comments

  1. Safety is paramount, especially as crypto is picked up by more and more people, particularly those who may not be as tech savvy/oriented. Instances of people being hacked or losing their coins would be detrimental to the market overall – so this sort of post is much appreciated!

  2. I’m worried about Average Joe’s managing their own wallets, private keys and transactions. Hell, even we, crypto aficionados double-triple check everything everytime, and still make mistakes.

  3. Just to add to this and I can’t stress this enough…double check the address your sending to. Phones can get hacked just like computers. Hackers are targeting the copied clipboards on phones and swapping the address you want with theirs. Double check your addresses before hitting send.

Loading…

0

What do you think?

Cryptopolitan

XRP sales: US SEC interested in Ripple top executives’ proceeds from token

Major firms to announce game-changing Bitcoin ‘milestones next week'

Major firms to announce game-changing Bitcoin ‘milestones next week’