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This Is The Security Software You Need To Keep Your Bitcoin Safe

06 September 2019 11:20, UTC
This Is The Security Software You Need To Keep Your Bitcoin Safe

Bitcoin was designed to be a totally secure cryptocurrency. Its security system is built-in, after all. But nothing in the world is totally secure, and cryptocurrency is no exception. Bitcoin has not quite been beset by problems, but there have been a number of occasions when security breaches had a severe impact on its value.

What can you do to keep your own bitcoin safe? This is the security software you need on all your devices.

Virtual private networks (VPN)

08.04.2019  |   in Data security
A virtual private network (VPN) secures your connection by hiding your IP address and encrypting your data. Because you are routed through an external server, no one on the other end can track you. VPNs have been proven to drastically reduce the chance of identity theft, and are used daily to avoid government surveillance and censorship.

A VPN is indispensable in keeping your cryptocurrency safe. It prevents hackers from gaining control of your device and doing what they wish. Not all VPNs are created equal. Finding the best VPN in Europe that suits your needs is crucial and worth every cent. They are very much affordable, especially while traveling around Europe whether for vacation or work as a simple but solid VPN can make all the difference.

Antivirus software

27.08.2019  |   in Data security
Do you have antivirus software on all your devices? It’s unlikely, considering how most people I know think of it as a relic from the past. The unfortunate truth is that viruses are becoming more sophisticated every single day. And none of us are immune to occasional bouts of stupidity. The number of times I’ve clicked on links that I knew were probably dodgy is astounding.

There is a lot of debate online about whether Macbooks and iPhones need antivirus software. In an ideal world, the answer is no. However, Apple do make mistakes, including sloppy updates which inadvertently put everyone at risk for a period of time.

Two-factor authentication

No one wants to use two-factor authentication. Technology has been moving towards making everything quicker and more convenient, which is exactly why we have one-factor authentication in the first place. But two-factor authentication is necessary when it comes to important financial matters, including bitcoin. Any transfer or payment you make should require two-factor authentication. This way, no one can steal your money simply because they got a hold of your device.

Password policy

One of the most careless things everyone does is to use the same password over and over again. It just makes life so much easier, ensuring we don’t need to remember complicated passwords when we’re away from our regular devices. It also saves us the trouble of coming up with those complicated passwords.

However, weak passwords provide an easy in to hackers. If you use the same password or variations of it for other accounts, the hacker then has access to all of those accounts.

The easiest way to solve this problem is to simply use Safari’s inbuilt password manager or to download an external password manager. They will come up with strong passwords that you never even have to look at.

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