Are you cipher your data or secure your encryption with a file hardware wallet? Modern security terms like this may sound like a foreign language to some of us, but don’t cross it off. They’re essential to online security and privacy, so we’re here to be your Google Translator.
Almost everyone in the world with an email or social media account has been targeted, or worse yet, become a victim of online theft. How can you protect colleagues, friends, family and yourself from cybercrime? These buzzwords hold the key, so let’s break them down for you in plain English:
Cryptography is the science of securing information and communications by transforming data into a form that unintended recipients cannot understand. In the past, our ancestors helped transmit secret messages and communicate covertly behind enemy lines. Today, “cipher art” is used to encrypt private data, authenticate identity, and establish secure communication channels (ie, end-to-end encryption channels). The most modern encryption is so advanced that it is virtually impossible for anyone to decrypt the encrypted data, except for the holder of the encryption key. What files should you encrypt? All your files, if possible.
This randomly generated string of numbers unlocks your encrypted information. It identifies the intended recipient and enables the key holder to consent or authorize actions regarding the contents of the message. You can create digital signatures, form secure communication channels and perform cryptocurrency transactions using your private key.
Do you trust the managers of popular centralized platforms such as OneDrive, Google Drive, and Facebook? Blockchain technology now allows us to take charge of our own cybersecurity. In a decentralized security, each user keeps the encryption keys for their identity, assets, and data, and no central administrator can access these keys. In this way, the security is sovereign and user-controlled without the need for administrators to be involved. Blockchain networks verify data and prevent any entity outside the blockchain from altering or manipulating the data. The data on block chains is traceable and transparent, so tampering with it is almost impossible.
This device enables you to generate and store private keys offline. This protects your assets from online threats and all actions using private keys happen within the hardware wallet. You can connect UKISS Hugware® to your computer and it will keep your assets safe and anonymous. More on this later!
The recovery phrase (also referred to as the “initial phrase”) is a unique passcode to access your crypto wallet. It’s like a master password if your encrypted wallet is locked or lost. Many cryptocurrency wallets on the market require the user to enter initial phrases of up to 24 words in length. However, suppose you wrote those recovery phrases on a piece of paper and lost that paper, or saved those phrases in a Word document or as an image, and deleted it by mistake? Then it’s GG.
what you can do
If you want to protect yourself with a hardware wallet, but don’t want to deal with the hassle of redemption phrases, check out UKISS Hugware®It’s the world’s first hardware wallet that doesn’t require you to write down recovery phrases. Instead, UKISS Hugware® syncs the main source across devices, which is why users can create backups without copying statements. UKISS Hugware® includes an Authentication Key (A-Key) that lets you perform transactions when connected, and a Rescue Key (R-Key) that enables you to access digital assets, should your A-Key be lost.
Patented in more than 20 countries and major markets, each UKISS Hugware® kit comes with a Certificate of Authenticity, which is tamper-resistant and immutable and verifies that the device is authentic on the blockchain.
The bottom line is: be well informed and protect yourself! Then you will not be an easy target for online crime. UKISS Hugware® is now on sale at ukiss.io/shop/.
Note: Coconuts Media is not a financial services company, does not provide financial advice, and is not a qualified expert in storing digital assets – financial or otherwise. This article is part of a paid partnership with UKISS and is for educational purposes only.