According to a survey published by hardware developer Ngrave, the security of many people's digital currencies is vulnerable
Despite the exponential growth in the use of bitcoin as an ideal tool to protect the value of savings , thousands of investors around the planet do not take into account the necessary security measures so as not to suffer any kind of surprises.
The manufacturer wallets hardware in criptomonedas, Ngrave, released the results initials of its survey on the current state of crypto security .
The data provides statistical concepts and general ideas about the current state of security in the world of crypto assets. The report emphasized that a quarter of users perceive their current security measures to be more effective than they actually are.
At the moment, the survey has already been completed by approximately 1,400 cryptocurrency users in 78 countries around the world. Of that total, the majority belongs to Europe (48.1% ), followed very far by the North American region (24.7%).
Despite attempts to promote inclusion in the field, 90% of the respondents were men and more than 60% belong to the age group ranging from 25 to 45 years. Of the total number of respondents, 62% have at least part of their cryptocurrencies on an exchange .
Moreover, one out of three has more than 40% of its assets in a single platform of exchange . Based on this, the vast majority ( 96% ) of those with assets on exchanges use some form of multi-factor or two-factor authentication (abbreviated as 2FA ), from SMS to Google 2FA .
However, the investigation revealed that one in four do not back up their 2FA code.
In addition, two-thirds of the respondents use a hardware wallet for their transactions , with three-quarters of these containing the information, or part of it, on USB devices .
In fact, 87% of users of the aforementioned wallets confirmed that they generate test transactions before making large withdrawals.
However, 67% of hardware wallet users keep their backup in a paper wallet , and more than half (53.4%) asserted that their private keys would be compromised if someone found the backup .
On the other hand, 4.3% stated that they did not make a backup of their wallet , which represents a risk for the security of the operations carried out with their assets.
