🤓Notes from an Expert
Credit goes to Jason Ansley, Wolf Den Member and form IT professional and cracker.
The general rule for IT security is the rule of 7.
Once a hacker has to go through 7 layers of roadblocks, the risk reward for time invested diminishes.
Doesn’t mean it’s not hackable…just about everything is hackable given enough time/effort. But is it worth it?
The easiest hack is social engineering…which is most of what you are seeing in crypto with DMs and offers of help but you’ve got to go connect your wallet to a site they give you…easy…1 road block…getting you to trust them in a convo.
As for keyboard loggers, those are a bit harder to install but can be done. Using a secure auto fill tool such as LastPass adds a barrier here.
Make sure you have 2FA activated everywhere you can and use it via an Authenticator app such as the one by LastPass Authenticator.
Email and SMS 2FA is false peace of mind.
Longer passwords are better than shorter complex ones all my personal are minimum 24 characters
Complex and long is best.
In the context of a cold wallet, I do use a ledger for my big long term holds.
I initially used a ledger with MM but ran into transaction issues so got lazy and stopped.
I will be going back to ledger/Trezor to integrate with MM once I decide.
So back to minimum 7 roadblocks.
Roadblocks
Own your private keys
Complex >24 character passwords
Disconnect wallet per medium article by doc kev
Lock MM per medium article
Copy/paste MM password from a password safe such as LastPass (I like this one as it was developed by a top security guy at the University of Kentucky about 20 years ago and has stood the test of time…LP also has a “no see” policy…the database is hashed and encrypted so no LP employee can view passwords)
Cold storage wallet as 2FA for every transaction in MM
BITDEFENDER Total Security for proactive monitoring
So at this point, a hacker would have to be deep in your system for a very long time to have the slimmest chance
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