Prevention Policies for Individuals

From Quadriga Initiative Cryptocurrency Hacks, Scams, and Frauds Repository
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Below is a list of prevention policies for individual cryptocurrency users. Each of these policies is a standard template which can be included in the applicable case studies.

To add a template to an article's Prevention section, select Insert > Template and Type "Prevention:Individuals:" followed by the title below.

Store Funds Offline

Store the majority of funds offline. By offline, it means that the private key and/or seed phrase is exclusively held by you and not connected to any networked device. Examples of offline storage include paper wallets (seed phrase or key written down and deleted from all electronic media), hardware wallets, steel wallet devices, etc...

Always Verify Executables

Any time untrusted software is being run is an opportunity for abuse. It is recommended to always interact with cryptocurrency in a fully controlled environment, which is an environment where you have understanding of every piece of software running there. Using a hardware wallet, spare computer with all software wiped, and/or virtual machine with only the needed software greatly reduces your attack surface. Take the time to verify downloaded files come from the correct and expected source and match available hashes if provided. Any time you encounter a new file, always check if it can contain executable code prior to using it.