Cryptocurrency Security: Securing Your Crypto Assets via Windows Server

Windows Server Security. Who would have known that, after a decade and a half, cryptocurrency would be highly touted all over the world? With its potency and accessibility, one issue that brings everybody together is … SECURITY. With the rising popularity of digital assets, protecting your crypto holdings from cyber threats is more crucial than ever. Fortunately, Microsoft has a weapon that could solve this problem: Windows Server. Although it doesn’t sound much, let’s take a closer look at how Windows Server can provide protection for your crypto assets.

Table of Contents

• Understanding the Threat
• How can you lose your crypto online?
• Windows Server Security: How can Windows Server protect my crypto assets?
• Why choose Windows Server?
• Final Thoughts

Understanding the threat

Believe it or not, your crypto holdings (Bitcoin, Ethereum, XRP, and more) are still susceptible to hackers. In 2023, users lost $1.7 billion worth of cryptocurrencies due to hacks, scams, and rug pulls. Even though it’s relatively lower than that of 2022 ($3.8 billion) and 2021 ($3.3 billion), it’s still a scary thought. That being said, it’s important to understand the predominant threats surrounding crypto.

How can you lose your crypto online?

From phishing attacks and malware injections to ransomware and hacking attempts, malicious users are constantly devising new methods to exploit vulnerabilities and compromise digital wallets. As the value of cryptocurrencies continues to soar, so does the incentive for cybercriminals to target unsuspecting investors. There are many ways hackers can get a hold of your assets. Here are just some of them:

Phishing sites

Probably the most common form of hacking is the use of phishing sites. It has been around for many years, and although it’s known to many, some poor users still succumb to this type of scam. Once hackers get a hold into your details, stealing your crypto would be easy-peasy.

Malware attacks

Malware, computer viruses, or disruptive computer programs can sometimes lead to your losses. This is highly preventable, and all you need to do is have extensive computer security.

Malicious codes

To those who do not know, crypto is mined from the blockchain. Since it basically runs through a lot of software, crypto is built from codes. As a result, these codes are highly vulnerable to hackers.

Wallet hacks and exchange hacks via key theft

Crypto wallets and exchanges usually need a key. During a transfer, there are cases where hackers launch a “bridge attack” where these cybercriminals target the cryptocurrencies being transferred online.

Windows Server Security: How can Windows Server protect my crypto assets?

By definition, according to Microsoft, “Windows Server is a group of operating systems to support enterprises and small and medium-sized businesses with data storage, communications, and applications”. The biggest issue crypto owners have today is cybersecurity. Indeed, there are lots of ways how you can protect your cryptocurrencies, but we’re going to look at how Windows Server can do the job. Here are Windows Server features that could help secure your crypto wallets.

Windows Defender Antivirus

Businesses would be delighted that Windows Server is much more locked down than your normal Windows OS. Moreover, the restrictions and security settings on browsers are also better. With that being said, one of Windows Server’s best defence against malware and attacks is its own Windows Defender antivirus.

Previously called Advanced Threat Protection (ATP), the Windows Defender has been around since the 2012 version. It is installed by default. It’s best asset is protecting the computer from spyware and unwanted programs, things you do not want near your crypto.

Secure Boot

How can you protect your device from cyberattacks? Well, the answer is to prevent malware, malicious codes, and corrupted apps from even loading on your PC.

By enabling Secure Boot, users can prevent these unwanted programs from booting, disabling any chance of the computer being compromised or hijacked, which could lead to data theft and hacks. As mentioned, malicious codes can be used to hack crypto wallets and transactions, so it would be wise to enable this feature.

BitLocker Encryption

Another security feature of Windows Server is the BitLocker encryption option.

Implementing BitLocker encryption allows users to encrypt their server’s drives to safeguard sensitive data, including cryptocurrency wallets and transaction records, from unauthorized access. Below is a sample of a victim of crypto locker ransomware where the user is obligated to pay “ransom” money.

Windows Firewall

As the name suggests, Windows Firewall is a security feature that blocks or allows a certain application, program, or service to run on your computer.

Customize firewall rules to restrict network traffic and block suspicious connections, reducing the risk of unauthorized access to your server.

Why Choose Microsoft Windows Server?

Microsoft Windows Server stands out as a top choice for securing crypto assets due to its comprehensive suite of security features and regular updates. With built-in functionalities such as Windows Defender Antivirus, Secure Boot, and BitLocker encryption, Windows Server provides multiple layers of defence against a wide range of cyber threats. Additionally, Microsoft’s commitment to ongoing security patches and updates ensures that your server remains resilient against emerging threats in the ever-evolving cybersecurity landscape.

Final Thoughts!

Secure your cryptocurrencies with Windows Server. It is a powerful and extremely secure group of operating systems that would be a great choice for huge businesses and enterprises.

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