Topic: What can you do to keep your digital assets safe? - page 3. (Read 592 times)

There are now over 1,500 different types of cryptocurrencies, 22 million wallets for storing them, and thousands of exchanges to trade them on. This rise in numbers over a short period since Bitcoin introduction in 2008 turned a multitude of crypto users and traders into millionaires in the process. And although the lucrative investment has increased the pocket size of many, it also brought in those who want to take advantage of it.

Within the first nine months of 2018 alone, cryptocurrency theft has led to the loss of nearly a billion dollars, a 250 percent rise from a previous year. Whether it is through the hacking of exchanges, such as the $500 million Coincheck hack, or the theft of a few dollars from a wallet, cryptocurrency thieves are finding new means of taking your cryptocurrencies. Phishing, brute forcing and phone-porting are just a few of the methods used by crypto thieves to steal your cryptoassets, but there are ways to prevent them.


Phishing
Phishing has been around for quite some time, and it is no longer only utilized by princes of foreign lands requiring your credit card information. The technique has been expanded for cryptocurrency theft, too. Hackers send emails to various cryptocurrency owners, and when opened, infect computers with malicious malware, at times even holding a victim’s computer hostage until a cryptocurrency ransom is paid. 

Brute forcing
Brute forcing relies on hacking programs, often purchased through the dark web, which use a trial and error approach to gain users’ passwords. If the program doesn’t pick up your password on the fifth try maybe it’ll get it on a try five thousand. All that matters is that once the program achieves what it was built for, you can say goodbye to your cryptocurrencies.

Phone-porting
Phone-porting occurs when a hacker uses a victim’s telephone number to take over his/her mobile account. Then hacker accesses the victim’s exchange account by resetting the password with the telephone number and then steals cryptocurrency from the account.

When we know how hackers can steal our assets, so we also find how to prevent it. Actually on the article that you enclose the link above, has explained how to prevent it.
(1.) We need to install an antivirus software that support to secure malware or other attacks to our computer.
(2.) Set multi-factor authentication. This will be complex security, we need to input multiple passwords to access our assets.
(3.) Be smarter to know and analyze suspicious emails. You don't easily give your personal data. Remember if personal data is very sensitive information.
(4.) Do data Encryption to ensure the more safety.  

If we read the article, we got the information to make our digital assets more secure. I think it is a good advise..

sometimes saving our assets to the wallet is also not safe because the current situation makes so many people nervous, even though they have listened to the wallet. so we need to secure our wallets well, don't let anyone know.

the only way to keep the digital assets safe is to keep in hardware wallets by securing private keys it is nt safe to keep funds in exchangers

hardware wallets such as ledger, trezor and others will be first choice for the security of our assets so if you have extra money don't hesitate to buy and save the assets of the exchange only what we will actually trade. Many exchangers have been hacked and we should take lessons if hold assets on the exchanger is not safe. Avoid clicking on links that are not clear especially those that are spam via email

The best way to keep your digital assets safe and secure is through putting in trusted wallet. I usually keep my digital assets in a hardware wallet where I know it is totally safe where no can hack or stealth it. Do not tell to anyone where you keep your digital assets.