The ten commandments safety of cryptocurrency portfolio

Date:

2018-07-03 05:45:16

Views:

3692

Rating:

1Like 0Dislike

Share:

The ten commandments safety of cryptocurrency portfolio Source:

Looking at how people hacked one after the other, we cannot remain silent. To lose your cryptocurrency portfolio in this era of the emergence of cryptocurrencies and blockchain — how to buy a pizza for 10 000 bitcoins, eight years ago. Note: we do not in any case are not experts in the field of information security. But fear has big eyes, and Willy-nilly we had to learn caution the hard way. Safety is where it should start the path to the crypt for everyone.

Follow the ten commandments of security in the world of the crypts and the God of security will save you from the dark forces of hackers.

the

#1. Do NOT use two-factor authentication VIA SMS

To make an account on any digital platform, you always need the email address to which you have access. It will be used for password recovery if needed. It's a must. If your email is compromised, you will not recover, and therefore any accounts tied to it will be compromised and stolen.

In most countries, it is very easy to restore the phone, so someone, not you, can usurp your phone number and forwards every call or SMS (text message) to your new device.

As soon As the hack becomes available to your room if he somehow finds out your email address without knowing the password, he can easily request a password reset via SMS 2FA (two-factor authentication via SMS) and steal your mail.

the

#2. Configure or U2F 2FA on their accounts

If you are not following commandment #1, whether you have activated the entrance for the best or U2F 2FA or not, because the entrance via SMS 2FA will destroy any precautions.

Two-Factor authentication (2FA) prevents hacking attempts and phishing scams, because once it has been activated on your email account, anyone who wants to her to break, will have to get physical or remote access to the device on which the application is installed two-factor authentication.

Even more secure than Google Authenticator or Authy 2FA is U2F. Universal two-factor authentication is a standard developed by the FIDO Alliance, which is easy and safe to use. The U2F device is inserted into the USB port and pressing the button sends a signal that confirms your entry.

This method is safer 2FA, because it is a "physical key". If a hacker gets access remote access to the device where you installed your app two-factor authentication, he'll have access to all accounts authentication in your application. If a hacker wants to access your account, and if you have activated U2F, he'll need physical access to your U2F key, the other options will not.

the

#3. Remove the hardware wallet and USE it

The safest way is to store the updates in a hardware wallet. Because if you don't own your private keys, you do not own their crypt.

People say so very often, because it very accurately. If you keep your bitcoin on exchanges, you don't own the private keys to your cryptocurrency, but the exchange's own. And you know what happens with the funds of exchanges that crack: it is enough to remember Mt. Gox, Coinrail, Bithumb, Bitfinex and others.

However, in addition, you need to carefully store your private keys, it is safest to store them in hardware wallets. In any case do not keep your keys in Evernote or Dropbox. The keys will be safer to keep offline, offline, at least on paper wallet (Yes).

Hardware wallets like the Ledger and best wallet support two-factor authentication. To steal your money, the thief would need, first, to find your hardware wallet (and usually it is stored in the safe), get to know the PIN code to use or a secret phrase, and, in some cases, to get your phone for 2FA.

the

#4. Don't act defiant and boastful

From time to Time you will observe how different upstarts of cryptomeria brag about their savings, and then complain that they got hacked. Action and reaction.

To Speak openly about their profits in social media is how to put a big sign on himself:

"I bought please hack me!"

Reaffirming its profit, you only encourage hackers to look for vulnerabilities in your information security, and if they do find them, they will be rewarded. Do not need be.

the

#5. Be anonymous

To Be anonymous in cryptotwit or cryptomelane an extra layer of protection between you and anyone who wants to try to hack you. Why? Because anonymity allows you to hide your true identity, gender, age, race, nationality, past, and so on.

In many countries to openly declare that you are in the crypt with the head, means to give himself away as to hackers and to law enforcement. In some cases it can hurt your family or friends.

Be anonymous then, in principle, can be defiant and boastful. But this is bad advice.

the

#6. Out of sight

Keep you incognito or not, it doesn't matter if you have a tell. Don't share personal information on social media, be it text or images. For example, it is easy to give yourself away, sharing photos of their environment. Gradually folding puzzle from your images, the attacker can calculate.

Every footprint that you leave, can be used by hackers to get a complete picture about your personality orsearch vulnerability. Do not give in and not to impersonate.

the

#7. Use different emails for different accounts

Do Not use one and the same in social media and the stock accounts. Because the social media accounts easier to hack than the accounts of cripture. Twitter, for example, has two-factor authentication and by default does not require you to login every time. Perhaps someone will be able to get your mail, if you do not come out of the account.

We Know that Facebook shares your personal information with third parties. Perhaps your post on Facebook, and also other sensitive information, long been "floated".

Create various email addresses with different levels of importance will help to protect yourself from hackers. For example, use one address for Twitter, Facebook, Instagram, Dropbox, Vkontakte and other; the other for exchanges. If any of the social media accounts is compromised or if the company decides to sell your email and data, these data at least will not be bound to cryptomeria.

For greater security, you can use a different email for each exchange. Paranoia is justified when we are talking about tens or hundreds of thousands of dollars. And most importantly, ALWAYS use different passwords, not to facilitate the work of hackers.

the

#8. Add sites to bookmarks

The easiest way to lose the crypt to get to the phishing site. Just imagine: you bought a brand new laptop, your phone ringing, telling about an important message from John McAfee, you open Internet Explorer to login to Binance and make a quick purchase. You go to Google, write "Binns" and click on the first result in the search. This site is in the "advertising" and gladly eats your email address and password.

And all of your funds on this Binance is no more. As in other exchanges, if you use the same email address and/or password. Forge website — super fast and Superliga, and advertising in Google Ads costs nothing and pays off well.

MyEtherWallet this also happened a few times, so avoid clicking links on the stock exchange from Google. Better bookmark.

the

#9. Use VPN to untrusted Wi-Fi network

To Use Wi-Fi in public unverified networks is like having sex without a condom with a stranger. Use VPN in public Wi-Fi networks and not picked up cybermenaces disease.

the

#10. Use antivirus and firewall

Antivirus protects your computer from viruses, malicious software. So if you set up wallet with coin, which someone suggested, better make sure that your computer is protective security.

A Firewall protects your computer from unwanted connections, that is, from eavesdropping from outside. In the era of information networks security are gradually coming to the fore.

On the Internet you are as vulnerable as on the street, only share your thoughts, images, personality and real data with millions of people, not thousands.

Follow you even if you do not suspect.

 

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Prices of video may fall 20 percent next month

Prices of video may fall 20 percent next month

According to the information portal , the PC refresh will cost you 20 per cent cheaper next month. Very soon we will have a price drop on video cards, due to several reasons. the video Card for mining is returned to gamers In theo...

RAKIB: Bitcoin will rise to 50 thousand dollars by the end of the year

RAKIB: Bitcoin will rise to 50 thousand dollars by the end of the year

Today, the head of BitMEX, Arthur Hayes predicted the Bitcoin of 50 thousand dollars by the end of the year. The first cryptocurrency could rise to such heights in the case that the regulators of the USA, Russia or China will take...

Quinlan & Associates: the stock market may fall to $ 223 billion by year-end

Quinlan & Associates: the stock market may fall to $ 223 billion by year-end

Yesterday, the chief analyst at Allianz Mohamed El-Erian , if Bitcoin fall to 5 thousand dollars, the coin will be the best asset for investment and storage of wealth. it is likely that this possibility will appear in the near fu...

Head RAKIB told about the reasons of freezing of the project

Head RAKIB told about the reasons of freezing of the project "Cryptogram"

In April, the government proposed to create in the Crimea the blockchain cluster "Cryptogram", which was going to start a cryptocurrency investment Fund and the stock exchange. However, in June, the government temporarily froze th...

Study: correction in Bitcoin this year will be much shorter than in 2014

Study: correction in Bitcoin this year will be much shorter than in 2014

Two weeks in the Bitcoin balances of around 6 thousand dollars, and analysts admit the coins are falling below the psychological mark of 5 per thousand. However, the correction rate of the first cryptocurrencies will continue for ...

The Chairman of the Bank of England: cryptocurrency will ruin the reputation of entrepreneurs

The Chairman of the Bank of England: cryptocurrency will ruin the reputation of entrepreneurs

In January, the Bank of England decided not to produce a national cryptocurrency — the staff of the regulator has deemed it a threat to the national economy. is Now the Deputy Chairman of the Supervisory authority, Sam woods said ...

Albert Wegner: capitalization of cryptocurrencies can achieve trillions of dollars in the future

Albert Wegner: capitalization of cryptocurrencies can achieve trillions of dollars in the future

the new York venture capital firms Union Square Ventures, said that investing in cryptocurrencies. Moreover, the company matches digital assets to tangible long-term investment. Information is confirmed . the Why you should invest...

Transaction fees in Ethereum raised to the heavens. The reason — Chinese token GRAM

Transaction fees in Ethereum raised to the heavens. The reason — Chinese token GRAM

In Ethereum has dramatically increased the cost of transactions. According to the standard fee per transfer is now kept in the region of one dollar. Presumably, the reason lies in the token GRAM, which is still winter sulistio on ...

R. I. P.: over a thousand altcoins did not live to see this day

R. I. P.: over a thousand altcoins did not live to see this day

ICO was a key theme last year, which attracted the attention of major investors from around the world. Despite the increase in turnover of crowdfunding, more than 800 projects on the blockchain is dead. Service DeadCoins collects ...

Ripple will fall, and Litecoin, have no right to exist – a position Multicoin Capital

Ripple will fall, and Litecoin, have no right to exist – a position Multicoin Capital

Multicoin Capital Fund, funded by Andreessen Horowitz and Union Square Ventures, has published a report on investing in cryptocurrencies. The company holds a long position in EOS and Ethereum. Moreover, the representatives of Capi...

The ruling party of Spain supports the introduction of the blockchain in the state apparatus

The ruling party of Spain supports the introduction of the blockchain in the state apparatus

133 MPs from the ruling party of Spain Partido Popular has proposed a bill on the use of the blockchain in the governance of the country. It is reported . the Blockchain rules the world the Bill was submitted to the Spanish Congre...

Wet mining: floods in Sichuan province killed thousands of Asimov

Wet mining: floods in Sichuan province killed thousands of Asimov

Miners in China's Sichuan province lost a lot of money from the recent floods. The details of the tragedy appeared in the local media on 30 June. Floods resulted from heavy rains, which took place on 27 and 28 June. It is reported...

Lust x: raised the money for the ICO has doubled compared to 2017

Lust x: raised the money for the ICO has doubled compared to 2017

Since the beginning of this year through the ICO has attracted almost two times more than for the whole of 2017. However, most new projects have failed, according . According to statistics, a large part of the ICO are aimed at Ame...

Mastercard has patented a system of anonymous transfers on the blockchain

Mastercard has patented a system of anonymous transfers on the blockchain

In March, the payment system Mastercard from working with an anonymous cryptocurrency Dash, and zcash for Monero. Representatives of the company explained this decision by the need to track transactions. Now Mastercard patented te...

CRYPTOMACH / Office of cryptomelane, Bitcoin over 44 thousand, mining ZenCash and panic because Bitmain

CRYPTOMACH / Office of cryptomelane, Bitcoin over 44 thousand, mining ZenCash and panic because Bitmain

Hot summer continues — come July. It's time to sum up the last week and recall the main events. This time was most memorable predictions of the value of Bitcoin, the pictures of office and home cryptocurrency billionaire and a gro...

The national currency of Iran depreciated faster than Bitcoin

The national currency of Iran depreciated faster than Bitcoin

Iranian Rial can lose about 57 percent of its value by the end of 2018. A falling currency can "beat the record" correction of Bitcoin. It is reported . the Bitcoin protect against inflation due to the large number of negative fac...

Roger Ver continues to find fault with Bitcoin

Roger Ver continues to find fault with Bitcoin

From the very beginning of the existence of the community of Bitcoin Cash is disputing the right to the recognition of the "real Bitcoin". It seems that the question of superiority has become a real obsession for Roger Faith. It i...

"Kaspersky lab": hidden mining has become more popular extortion among hackers

In March "Kaspersky Lab" , the activity of hackers in the past year has increased in one and a half times compared to 2016 from 1.9 to 2.9 million attacks. Now, the company talked about reducing the number of cybercrime-related ex...

Will Hobbs: a complete collapse of the cryptocurrency hasn't even started yet

Will Hobbs: a complete collapse of the cryptocurrency hasn't even started yet

Want to find someone who still believes in the further decline of Bitcoin? Not far enough to listen to the head of investment strategy at Barclays Smart Investor. Will Hobbes argues that before the collapse of cryptocurrencies is ...

The vulnerability of the Tether turned out to be fake. The coin remains safe

The vulnerability of the Tether turned out to be fake. The coin remains safe

At the end of the week, the Chinese company SlowMist told about the vulnerability in the work in the work of Tether (USDT). It turned out that the users can conduct transactions with the coin unchanged balance. Analysts recommende...