Safety - page 2. | Bitcointalksearch.org

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: suryana on July 28, 2021, 09:45:25 AM

Quote from: Myleschetty on July 20, 2021, 02:15:33 PM

I have read several times on this forum where people said human error is what lead to vulnerability to attack but I read that air gap computer was recommended several time on this forum is not that secure while Malwarebytes was also said to work base on how it was programmed, that is also not that secure and I believe in the next 5-10years Bitcoin price will reach 6digit and after this happens crypto holders will be the major target of online theft.

As a preparation for what may happen now and in the future, what are the 0% error/100% step a crypto holder or investors need to follow to avoid been expose or securely save his investment from attackers?

Of all the wallets in my opinion there are risks and do not guarantee 100% safe. However, you can set it yourself, for example, don't put coins in one place. You need some other safe wallet references. So that when something happens that we don't want, we can minimize losses. But I pray that developers keep upgrading their systems to make it much more secure.

I also have the same thought, no wallets guarantee 100% safe. So we have to anticipate it by being more careful in storing passwords and
private keys. Activate all the security features available in the wallets that we use, and the most important thing is that we don't keep the coins
we have in only one wallet. That would be very risky if it gets stolen or hacked, then we will lose all the coins we have. That's why I keep the coins
I have in 3 wallets for now, by doing this I feel more secure. Because if one of my wallets is hacked, at least I don't lose all the coins I have.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

As far as I know and have read, air-gapped computers are about as safe as it gets when it comes to how you store your cryptocurrency funds. Personally I think it is best to spread your coins out across a multitude of wallets. I of course am excluding wallets such as on an exchange or hot wallets. For me utilizing a Trezor and paper wallets tends to make me feel most comfortable.

suryana

sr. member

Activity: 1218

Merit: 254

Trphy.io

Quote from: Myleschetty on July 20, 2021, 02:15:33 PM

I have read several times on this forum where people said human error is what lead to vulnerability to attack but I read that air gap computer was recommended several time on this forum is not that secure while Malwarebytes was also said to work base on how it was programmed, that is also not that secure and I believe in the next 5-10years Bitcoin price will reach 6digit and after this happens crypto holders will be the major target of online theft.

As a preparation for what may happen now and in the future, what are the 0% error/100% step a crypto holder or investors need to follow to avoid been expose or securely save his investment from attackers?

Of all the wallets in my opinion there are risks and do not guarantee 100% safe. However, you can set it yourself, for example, don't put coins in one place. You need some other safe wallet references. So that when something happens that we don't want, we can minimize losses. But I pray that developers keep upgrading their systems to make it much more secure.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

You need to play safe every time you post something good about your crypto progress, you are prone to be a victim of a hack in many ways. one of the most common is fake emails where many users have fallen victims. Thankfully, today you can easily recover your account if something like that might happened to you in the future as long as you have the necessary information. The other day, I received some emails from Instagram and Mega file share where it said I need to change my password but I don't really use those sites then I thought it's a clear disguise of a scammer to bait me with those common emails. You need to be careful, don't just click whenever you received such emails. double-check and think about it twice.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: zanezane on July 28, 2021, 07:53:36 AM

Quote from: ropyu1978 on July 28, 2021, 05:50:52 AM

indeed no one can do 100% security in the internet and online world, because security is in ourselves, don't easily believe scammers who pretend to be good, and don't easily believe in giveaways that promise profits, and never give your wallet to anyone, even to your own close friends.

To be safe, just reserve your trust on people that you personally know. It should be a mandatory that you should be smart about your safety online, I mean who wants to be a victim or get scammed right?

You only just securing yourself from not getting harm physically from other people but not online. Honestly, they don't give you the security you wanted because even them (your trusted friends), you can't assure that they never bite you back and scam you in the future. It was best and smarter if you just keep your keys secretly, never tell your trusted friends unless if it is needed whene you can't manage to do it anymore.

zanezane

full member

Activity: 868

Merit: 150

★Bitvest.io★ Play Plinko or Invest!

Quote from: ropyu1978 on July 28, 2021, 05:50:52 AM

indeed no one can do 100% security in the internet and online world, because security is in ourselves, don't easily believe scammers who pretend to be good, and don't easily believe in giveaways that promise profits, and never give your wallet to anyone, even to your own close friends.

To be safe, just reserve your trust on people that you personally know. It should be a mandatory that you should be smart about your safety online, I mean who wants to be a victim or get scammed right?

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: Myleschetty on July 20, 2021, 02:15:33 PM

I have read several times on this forum where people said human error is what lead to vulnerability to attack but I read that air gap computer was recommended several time on this forum is not that secure while Malwarebytes was also said to work base on how it was programmed, that is also not that secure and I believe in the next 5-10years Bitcoin price will reach 6digit and after this happens crypto holders will be the major target of online theft.

As a preparation for what may happen now and in the future, what are the 0% error/100% step a crypto holder or investors need to follow to avoid been expose or securely save his investment from attackers?

There will always be risk on whatever we are doing specially when it deals with money. Investments in crypto was never mentioned to be completely safe, the security of your wallet or your investment itself relies on your decisions. If you are too careless with the way you choose your wallet or if in fiat settings, banks or any other investment means, you will surely be more prone and vulnerable from experiencing theft. It is indeed true that once bitcoin and other crypto's value rises, there will be more threat to the security of online wallets as well as banks as hackers gets more eager knowing how much worth they may take as they get the chance to steal from you.

ropyu1978

hero member

Activity: 1904

Merit: 510

indeed no one can do 100% security in the internet and online world, because security is in ourselves, don't easily believe scammers who pretend to be good, and don't easily believe in giveaways that promise profits, and never give your wallet to anyone, even to your own close friends.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18711

Quote from: Tigerheart3026 on July 24, 2021, 03:35:23 PM

nobody can guarantee for 100% security in online.

Which is why storing your coins offline in a hardware wallet, airgapped computer, paper wallet, or similar set up, is the best option.

Quote from: Tigerheart3026 on July 24, 2021, 03:35:23 PM

i was used for more years kaspersky internet security than mcafee i got a lot of advantages to safe my data.

You definitely shouldn't assume that all your data is safe just because you are running some sort of internet security software or anti-virus. This is a recipe for disaster.

Quote from: maxreish on July 25, 2021, 01:34:25 AM

Its how we protect our own coin by vigilantly visiting and downloading legit and trusted apps.

Don't trust, verify. If the wallet you are downloading is not open source, avoid it. If it cannot be reproduced from its published source code, avoid it. If you cannot audit the code yourself, then you need to pick a wallet which has been extensively examined by the community. Trust is not good enough. There have been plenty of "trusted" wallets and "trusted" exchanges in the past which have scammed users.

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: Btcvilla on July 24, 2021, 03:39:31 PM

we should.not easily.believe anyone who says.that personal wallets.are very safe and not at all easy to be hacked.by anyone, so in.this case.we ourselves.can determine in.various ways.for our future.business, because this is.very related to our future process.in the future, so for something related to security.we must.be aware.of it.because criminals.always have a loophole.for an.account.hacking.process

Of course we shouldn't, I mean how can they sell their products if they say that it can be bypassed, I think what's needed in this is for us to have a common sense regarding this product, remember that most part in security relies on the people that are doing the safekeeping, now if you are lackadaisical with your security and you are a tattle tale when it comes to the stuff that you are guarding then the security will be pointless since you are the weakest link.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: mrongoz_imut on July 24, 2021, 09:58:12 PM

security in bitcoin is all in ourselves, we should not trust anyone to keep everything we have, no matter how good our friends are, one day he will definitely cheat us, the best security is in ourselves, don't keep it in one wallet , but keep it in several wallets, so we can get extra security..

If that is related to the security in bitcoin, we need to take care of our wallet and do not tell anyone that we do not trust. It is better to keep it for ourselves to know that our wallet is at a safe place. But we also need to remember that there is no 100% safety because the hacker or bad person will always search for what they want. We can only protect with anything we can and always prevent how they can penetrate our wallets. Do not connect the PC to the internet if you install a wallet inside that PC to minimize getting hacked.

maxreish

sr. member

Activity: 1330

Merit: 326

The moment we have entered cryptocurrency, the hacking vulnerability already been here. You hold your own keys, you saved it and dont exposed it. Thats the safest way you can do about the safety of your coins Even the high tech computer may not be escape from those hackers. Malwares, phishing links and improved and upgraded virus or malware apps are already been spreaded. Its how we protect our own coin by vigilantly visiting and downloading legit and trusted apps.

mrongoz_imut

hero member

Activity: 1232

Merit: 500

security in bitcoin is all in ourselves, we should not trust anyone to keep everything we have, no matter how good our friends are, one day he will definitely cheat us, the best security is in ourselves, don't keep it in one wallet , but keep it in several wallets, so we can get extra security..

ranochigo

legendary

Activity: 3038

Merit: 4418

Crypto Swap Exchange

Quote from: germsite on July 24, 2021, 03:04:36 PM

Why would side-channel attacks be far more expensive? I get the point that it requires a lot more expertise, but once you have the expertise, I don't think it is that expensive is it? Of course, it does depend on the type of side-channel attack, but what about this one?

"https://hackaday.com/2019/09/13/side-channel-attack-shows-vulnerabilities-of-cryptocurrency-wallets/"

You could argue it is expensive to set up, but once it is set up you could use it for as long as it is feasible.

Sidechannel attacks like those are quite stupid, if you think about it. Most side channel attacks requires direct access to the device, at the point which the user interacts with the hardware wallet. Your EM probe must be directly on the device at the point of interaction or you risk interference from other electronic devices. Those are POC which realistically wouldn't apply in the real world and are no better than a $5 wrench attack.

Besides, most wallets in this day are not vulnerable to timing attack, because that is quite amateurish and most hardware are hardened against it. As compared to a malware attack, the possibility of you gaining any profits is far lower, because your targets are highly specific and involves you breaking into their house in the first place. It is fairly easy to counter most potential side channel attacks.

Btcvilla

sr. member

Activity: 1078

Merit: 270

we should.not easily.believe anyone who says.that personal wallets.are very safe and not at all easy to be hacked.by anyone, so in.this case.we ourselves.can determine in.various ways.for our future.business, because this is.very related to our future process.in the future, so for something related to security.we must.be aware.of it.because criminals.always have a loophole.for an.account.hacking.process

Tigerheart3026

full member

Activity: 902

Merit: 112

Quote from: Myleschetty on July 20, 2021, 02:15:33 PM

As a preparation for what may happen now and in the future, what are the 0% error/100% step a crypto holder or investors need to follow to avoid been expose or securely save his investment from attackers?

i'm not a computer/security expert even i know a little bit about safety in online. nobody can guarantee for 100% security in online.

first time i see about air gapped and it use to protect date. i was used for more years kaspersky internet security than mcafee i got a lot of advantages to safe my data.

i would prepare for a internet security than can use a hardware wallet for safely holding crypto.

germsite

sr. member

Activity: 1009

Merit: 261

Quote from: ranochigo on July 21, 2021, 03:09:11 AM

You're minimizing the number of attack vectors by the choices of wallet that you make.

An air-gapped hardware wallet would probably suffice for most uses. Air-gapped wallets are secure because you're eliminating the most common attack vector; malware or rather the way for malware to communicate. The problem being that most users don't know how to properly set up and maintain one. As with the side-channel attacks, secp256k1 has properties that minimizes leaks with the side-channel so it isn't that great of a concern. Side-channel attacks are generally far more expensive and requires more technical expertise.

Why would side-channel attacks be far more expensive? I get the point that it requires a lot more expertise, but once you have the expertise, I don't think it is that expensive is it? Of course, it does depend on the type of side-channel attack, but what about this one?

"https://hackaday.com/2019/09/13/side-channel-attack-shows-vulnerabilities-of-cryptocurrency-wallets/"

You could argue it is expensive to set up, but once it is set up you could use it for as long as it is feasible.

o_e_l_e_o

legendary

Activity: 2268

Merit: 18711

Quote from: kaggie on July 24, 2021, 05:16:51 AM

1) It is more of a personal belief that a linux computer without systemd https://nosystemd.org/ is more safe than others, but it's just a hunch.

When you compare to the fact that most people use Windows, which is pretty much spyware, almost any Linux distro is a step up.

Quote from: kaggie on July 24, 2021, 05:16:51 AM

You can split up the key into two written halves (make back ups).

You should always have more than one back up, so if you are going to split your seed phrase in to two or pieces, each piece needs to be backed up at least twice, leaving you with at least four separate back ups. At that point, it can become difficult to have enough separate secure locations to house all your back ups.

Quote from: fiulpro on July 24, 2021, 11:18:03 AM

at the same time using safe apps.

There is no such thing as a 100% safe apps. Even apps and software which are open source and well examined by the community can be found to have critical vulnerabilities, or could deploy a malicious patch, or something along those lines. The less software and fewer apps you download and install, the better. Ideally, your crypto wallets should be on an airgapped computer which runs an OS, your wallet software, and nothing else.

fiulpro

hero member

Activity: 1890

Merit: 831

Quote from: Myleschetty on July 20, 2021, 02:15:33 PM

I have read several times on this forum where people said human error is what lead to vulnerability to attack but I read that air gap computer was recommended several time on this forum is not that secure while Malwarebytes was also said to work base on how it was programmed, that is also not that secure and I believe in the next 5-10years Bitcoin price will reach 6digit and after this happens crypto holders will be the major target of online theft.

As a preparation for what may happen now and in the future, what are the 0% error/100% step a crypto holder or investors need to follow to avoid been expose or securely save his investment from attackers?

I do think that it all starts from protecting your own device from cyber attacks, being more responsible, not downloading random stuff off the websites and at the same time using safe apps. You do not know what can happen and it usually will start from as small as opening an email.

Quote from: Johnlomape on July 24, 2021, 09:56:24 AM

I don't to there is any way to stop the continuous stealing of cryptocurrency funds because the more Bitcoin becomes expensive the more the sophisticated strategy that will be used against crypto investors to do away with there funds. I don't think this could stop because of anonymous privacy cryptocurrency has in getting a theft.

It's all about personal safety. I do think that the more people have to realize this and also think about how safe their internet connection is. The strategy is simple.
Use secure wallets, keep changing your address every once in a while. Also sharing your information with anyone, never goes well, not even your own family members.
You can use a simple one like Samourai but it would still work.

Johnlomape

jr. member

Activity: 37

Merit: 14

I don't to there is any way to stop the continuous stealing of cryptocurrency funds because the more Bitcoin becomes expensive the more the sophisticated strategy that will be used against crypto investors to do away with there funds. I don't think this could stop because of anonymous privacy cryptocurrency has in getting a theft.

Topic: Safety - page 2. (Read 663 times)