Think your hardware device is invincible to attack? Our Nick Percoco is here to change your mind and save your wallet.
In the latest edition of our Crypto Security Guide, Nick explains how any computer or device connected to the internet can become vulnerable to attack.
“You have a choice in where to keep your crypto wallet. You can keep them on your mobile phone, you can keep them on your desktop computer, [but] those could potentially be hacked and those wallets can be stolen.”
Below he explains more ways you can keep your devices safe.
In the first video, “Hardware Wallets,” Nick explains that one of the main security advantages is that these devices can be kept offline where they are not as susceptible to hacking.
However, hardware wallets are only as secure as their design, which can be especially vulnerable to attacks if the hacker has physical access to the device.
What is a Yubikey?
In “What is a Yubikey,” Nick explains the benefits of this two-factor authentication solution, and how when used together with strong security practices, it can enhance safety.
Already own a hardware wallet? Be sure to bookmark Kraken Security Labs.
Our in-house security research team is continually uncovering vulnerabilities in popular wallet options, and can help you mitigate the risk to your holdings.