How to keep my NFTs secure?

NFT

What are the best steps to take when it comes to securing your NFTs?

 

An NFT is essentially a deed of ownership. It’s a token that (like Bitcoin) is stored on the blockchain. The keys to these tokens lie with you, as does the responsibility. Whoever has the keys is the owner.

 

Like anything else it can be stolen. Because you (hopefully) invested quite spectacular sums of money in those NFTs you have, here is a breakdown of the things to do to keep your treasures safe. 

 

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You’ll actually be surprised how many people keep their passwords on sticky notes attached to the PC monitor. And then people wonder why cybercrime is progressing geometrically. Humph. 

 

  • Get a good hardware wallet to which you can transfer the NFT <keys>

 

The simpler it is, the harder it is to hack. Famous manufacturers are an obvious plus, but don’t let your guard down if you’re with Ledger and Ledger is with you. 

 

  • Be careful what you click on 

 

Think before clicking links or opening attachments in emails from people who may not be trustworthy. Remember the saying "If it seems too good to be true, it probably is."

 

  • Keep up with updates 

 

Keeping your computer updated with the latest software is key to avoiding breakages, lags, and cluster fails. 

 

  • Regularly listen to lectures on security 

 

That seriously affects how protected your assets are. The first step to keeping your data secure is being aware of the different types of security threats that are out there. If you are not knowledgeable about these, then it will be hard for you to protect yourself against them. Once you know what type of threats exist, the next thing you should do is install antivirus software and keep it up-to-date. The majority of malware on computers comes in the form of viruses or worms so make sure your protection features a good virus scanner.

 

  • Use strong passwords, get a “wait a bit” flash drive, and back up important files regularly

 

You may have heard of encryption, or some other complicated process that only a computer genius can understand. The truth is much simpler: ultimately there are many different ways to keep your data secure, but they all come down to three key steps. 

 

First, choose a password that is hard for others to guess. A good rule of thumb is that it should be at least 8 characters long and include numbers and symbols in addition to letters; don’t use information that can be linked to you or repetitive passwords. 

 

Second, get a flash drive to keep around your neck without which our PC won’t work. 

 

Third, make sure you back up your data, but (no, please no) not to a cloud where it’s pretty much guaranteed to get stolen, but to something physical like a laptop that you’ll then disconnect from the Internet and keep in a safe place. 

 

Good luck!



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