1. Password managers arent there to protect you from your

Question

1. Password managers arent there to protect you from your

device being hacked. But to reduce the attack vector when one of your passwords gets compromised
2. If you are dealing with any significant amount in crypto you should always use a hardware wallet. Otherwise it means you have your seed on a device connected to the internet. If that device is hacked your see is hacked as well.
3. Always confirm the transaction info and address on ledger is what you actually want. Transaction jsons can get highjacked by malware.
4. Keep a very good track of the websites/smart contracts that you have authorized to use your wallet. Metamask for example had issues with the token allowane being too high and draining peoples wallets. Relevant video with more details: https://www.youtube.com/watch?v=edWTbybtUdo&t=913s
5. There actually are malicious smart contracts. If you cant verify the code yourself please make sure the contract was at least audited by a third party. Another good way is to check if terra labs actually tweeted and endorsed a project.

#anchor #cryptocurrency #english

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09.03.2022

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Circulus Albus Автор вопроса

Jaded
Password managers allow for a single point of cont...

Again. Password managers aren't supposed to be solving that problem. They are solving the issue of having common 1 password for all accounts. Also IF you are backing up your data on-cloud, then it probably is encrypted. Meaning the hackers that get the db also need the password/key to decrypt it. I defientely recommend using password managers. But people shouldnt think they are 100% if they do.

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09.03.2022

Jaded · Accepted Answer

Jaded

Password managers allow for a single point of contact for all your passwords. It reduces the footprint, but it also reduces the area hackers have to look for. As they are often backed up online they give a nice always open single point of failure for everything you have a password for. Agree with all the rest, good stuff.

0

09.03.2022

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