Re: Common Crypto Security Mistakes And How To Avoid Them
by on 09/12/2025, 17:59:18 UTC
👉👉Storing Seed Phrases on Phones or Cloud Storage
Many crypto holders save their seed phrases in the easiest yet insecure way (in screenshots, notes apps, or cloud backups). They assume personal devices are “safe enough.” Is it familiar to you, too? In reality, these locations are the first places malware and phishing tools look for sensitive data.
Besides, for attackers, compromising a Google account or iCloud login is far easier than breaching a hardware wallet. Not only do regular crypto users suffer from unsuspecting attackers in this way, even Web3 founders of crypto infrastructures have also been caught out this way too.
SOLUTION: Leverage offline storage. Write your seed phrase on paper or a metal backup and keep it in a controlled, private location. Never store your seed phrase or passwords on a device connected to the Internet.
This is a major problem in the crypto space, as many crypto enthusiasts trust the Google Cloud Storage so much that they even forget that it could be compromised at any time. They feel that since they alone have access to their account, nothing anybody can do about it, but they forget also that the central storage server could also be compromised too, and that happened a few months ago, where there was a data breach from a third-party server, I presume, and that cost users' personal details.
When you decide to store your details, such as private keys, in the Google Cloud Storage, you should be prepared as well, because if your account is compromised, just know that whoever was able to do that could steal your information and your funds, and there is nothing you or anybody can do about it when that happens.
If you want to store your information safely, go with a hard drive and make use of it; do not use cloud storage to store your sensitive information, avoid internet storage data banks, as they can never be reliable or trusted for any reason. Play safe and stay out of trouble.