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What are the best security measures to prevent cryptocurrency hacks in 2018?

avatarAdnan BulloDec 26, 2021 · 3 years ago3 answers

In 2018, with the increasing number of cryptocurrency hacks, what are the most effective security measures that individuals and exchanges can take to protect their digital assets from being compromised?

What are the best security measures to prevent cryptocurrency hacks in 2018?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As a Google SEO expert, I can tell you that the best security measures to prevent cryptocurrency hacks in 2018 include using hardware wallets, enabling two-factor authentication (2FA), regularly updating software, and being cautious of phishing attempts. Hardware wallets, such as Ledger or Trezor, provide an extra layer of security by storing your private keys offline. Enabling 2FA adds an additional step of verification, making it harder for hackers to gain access to your accounts. Regularly updating your software ensures that you have the latest security patches. Lastly, being cautious of phishing attempts can help prevent falling victim to scams.
  • avatarDec 26, 2021 · 3 years ago
    Hey there! When it comes to preventing cryptocurrency hacks in 2018, there are a few security measures you should definitely consider. First and foremost, make sure to use a strong and unique password for all your crypto accounts. Avoid using common passwords or reusing passwords across multiple platforms. Additionally, enable two-factor authentication (2FA) whenever possible. This adds an extra layer of security by requiring a second form of verification, such as a code sent to your phone. Lastly, be cautious of suspicious emails or links that could be phishing attempts. Stay vigilant and always double-check the URLs before entering any sensitive information.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we highly recommend the following security measures to prevent cryptocurrency hacks in 2018. Firstly, use a reputable and secure cryptocurrency exchange that prioritizes security. Look for exchanges that have implemented measures such as cold storage for funds and regular security audits. Secondly, enable two-factor authentication (2FA) on your exchange account to add an extra layer of protection. Additionally, consider using a hardware wallet to store your cryptocurrencies offline. Lastly, stay informed about the latest security threats and best practices by following reputable sources in the cryptocurrency community.