How To Stay Protected From Crypto Hacks

• Protect your keys. Whoever holds your cryptographic keys can gain access to your funds. It’s essential that you keep these numerical passcodes private, so if you’re going to store your keys somewhere, protect them with encryption. For example, use an encrypted storage service like NordLocker to keep all your sensitive data, includingcryptographic keys, shielded from prying eyes. If you have an account with a crypto exchange, make sure to use multi-factor authentication and a password manager, like NordPass.

• Don’t keep all your funds in a hot wallet. Hot wallets are convenient,but they’re also much more vulnerableto hacking than cold alternatives.Anythingthat is connected to the internet is vulnerableto hacking. Whenever possible, keep your coins in cold wallets.

• Research a crypto currency exchange before using it. Crypto exchanges play a major role in the crypto economy, but if you’re going to use one, it’s essential that you do your research. Who runs the crypto exchange? Have they been involved in other projects in the past? You don’t want to trust your funds to a company that may not handle them securely. The same logic should apply to any service you trust with funds: if you’re using a cross-chain bridge protocol, for example, research it in advance.

• Limit the threat of malware. Hackers can install malware on your device and use it to monitor your activity, log your keystrokes, and raid your crypto currency. To protect yourself, be extremely wary of unexpected emails that contain links or attachments, even if the sender seems legitimate. You can also use NordVPN’s Threat Protection feature, which prevents you from accessing websites known for malware installation.