Uploaded on Jan 24, 2020
PPT on Security Measures for Cryptocurrency.
Security Measures for Cryptocurrency.
Security Measures for
Cryptocurrency
Security measures
• As the usage and popularity of cryptocurrencies are increasing, it is
important to make it safe and secure, since cybercrime is on a rise
these days. To secure cryptocurrencies, security measures have to
be implemented both by the cryptocurrency administrators as well
as the users.
paxful.com
CryptoCurrency Security Standard
(CCSS)
• CCSS is a list of requirements which has been designed
carefully to govern all the information stored for accepting and
transacting with cryptocurrencies like Bitcoin and Ethereum.
redteamsecure.com
Security levels
• Cryptocurrency security levels are based on security aspects
like key/seed generation, key usage and storage, third-party
security audits, data sanitization policy and audit logs. The
security levels are based on lowest common ratings.
redteamsecure.com
Penetration testing
• Cryptocurrencies are subjected to penetration testing, in
which the security of cryptocurrency exchanges and platforms
is assessed and vulnerabilities posing a risk to the assets and
security of users is identified.
usanewsgroup.com
Social engineering
• Criminals have been involved in targeting people using
cryptocurrencies with techniques like phishing and spoofing with
fraudulent coin wallets and much more. Social engineering tests
help to uncover vulnerabilities at the human level.
bitcoininsider.com
Never disclose ownings
• Avoid disclosing any of your ownings and profits.
Cryptocurrencies are volatile and their value has increased
over time. Do not share details about your cryptocurrency
assets on social media, as you may become a target.
altcoinera.com
Scams
• Cryptocurrency-related scams are widespread today. They
come in many forms like fake giveaways, sophisticated
websites and so on. Nobody gives money for free, so if it is
too good to be real, ignore it.
blockgeeks.com
Two-factor authentication
• Two-factor authentication should be enabled for gaining
access to your crypto wallets or accounts as this is a safe
method. Almost all cryptocurrency platforms support this
method of authentication.
steemit.com
Keep your device safe
• It is also important to keep your devices safe and secure by
installing regular updates, using an anti-virus software and
secure storage of data. Avoid accessing unsafe websites and
downloading unverified files.
cryptodigest.com
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