Secure Backup and Storage (Part 3/3)
Turing Research Network
Author: @link_vector (Twitter Profile). Make sure to follow him on Twitter for regular updates on all things blockchain & cryptocurrency.
In the first installment of our Secure Backup and storage series we wrote about Authenticating Mechanisms and the vital role they play in securing your digital assets.
In the second we explored Secure Backups ensuring you can safely recover your funds should the unexpected happen.
In our final instalment of this series we take a look at secure storage.
Part 3 – Secure Storage
Up to this point we have explained the differences between the various authenticating mechanisms and how to securely create backups for them. Now we will discuss how to further reduce our risk and exposure to such disasters by securely storing these backups in safe locations.
One of the most classic and full-proof techniques is simply burying the evidence. By burying your goods in a secure location (that isn’t prone to many environmental disasters like mudslides or flooding) you are essentially eliminating most unpredictable situations that might elsewise destroy your backups or hardware devices.
For burying your goods, one can easily obtain different kinds of polymer or metal time capsules online. These time capsules can be virtually buried anywhere and typically have a very long lifespan. Just don’t forget where you buried your loot and even perhaps create a small map (which can be stored in a U.L certified safe) that clearly depicts where you’ve buried the contents. (Fun tip – if you’re worried about metal detectors then use polymer-based time capsules!)
Another classic technique is purchasing a U.L. certified safe to store all your contents. Typically, these safes are highly resistant to burglary, fires or other natural disasters. Brands like American Security offer various U.L. rated safes that can match individual preferences like price, size, weight and fire resistance. You can hide moderate to small sized safes in undisclosed locations or even purchase safe cloaks that alter the appearance of safes to represent something indiscreet like a file cabinet or a closet.
Other techniques to reduce your exposure include safety deposit boxes, storing your backups with a trusted family member, and even leveraging panic rooms or secret compartments at your living locations. The problem with safety deposit boxes or confiding in someone else is the trust factor.
If you are not in possession of your own authenticating mechanisms or tools and someone else is, then that someone might be vulnerable and eventually exploited; or you might be subjected to insider threat! Storing in secret compartments is only recommended in the case that you have backups stored somewhere else (not in your home) in case of a natural disaster.
At Turing Research Network, we believe in a multi-layered proactive approach that leverages many of these backup and storage techniques to reduce your risk and exposure. Remember, you are responsible for your cryptocurrency and therefore should take great care and diligence when ensuring that your generational wealth is secure.
The more layers you have in your resiliency plan, the higher likelihood that you will quickly and easily recover in the case of a disaster.
About Turing Research Network
Turing Research Network was founded in early 2020 by a group of passionate crypto enthusiasts and active members of the blockchain community.
Our vision is to support the development of our crypto communities enabling knowledge sharing and unbiased critical evaluation of technology and projects shaping the future of the blockchain industry.
We have a long-term perspective on the development of the projects we support and look to establish and foster the communities in which we interact
Visit our website: https://turingresearch.network
Follow us on Twitter: @turing_research
