Are you buying and selling anything from

Bitcoin, Ethereum, Dodgecoin or possibly Siacoin?

Are Your Investments Secure?

Why embark on having Cryptocurrency?

When we all jumped on the Internet bandwagon in the 1990’s, we didn’t stop to first consider cybersecurity. The current Ransomware crisis is all the proof of why this was a mistake. With cryptocurrency, we have an opportunity to be smarter. When in comes to digital currency, you only have as much as you can safely store.

Storing Cryptocurrency

There are many ways to store cryptocurrency. Many people use exchanges, platforms which allow you to buy, sell, and store crypto. This doesn’t guarantee your crypto is safe, as exchange hacks do happen. Be sure to use multi-factor authentication and whatever other security precautions each exchange offers. Examples of exchanges are Kraken, Coinbase, and Binance.us.

Another option for storing crypto is a personal wallet. We like the interoperability of the Metamask.io wallet simply because it is a Web 3.0 site, which means there is potential for enhanced communication with other Web 3.0 sites. In the future, we do expect this enhanced flow of communication to yield higher security overall.

As with all scenarios, the flow of communication is preferable to disjointedness and blockage. Especially in a decentralized environment, communication is critical to ensure optimal operations…lest decentralization instead become total chaos. This is arguably already the case to a certain degree.

How to bring order from chaos? In regards to decentralization, the solution is an intuitive software that has unfathomable reach in both distance and depth…traversing the voids created by decentralization and uniting the voices which herald this change.

As more and more people use automated cybersecurity software, the software continues to learn via a process called Machine Learning (ML). The best cybersecurity software we’ve found sifts through massive amounts of threat intelligence to make actionable decisions that are very difficult for humans to make due to limited processing power.

Let’s just say we’ve found Sergeant Cybersecurity, and he’s an AI.

As the software advances, it does more “threat detection” than defense. What this means is that the software is poking around in the shadows actually proactively trying to bait hackers so that it can then collect and analyze data relevant to the hackers. One could easily extrapolate from this that on Web 3.0 sites with enhanced communication links, the possibility for this type of software to become exponentially more “intelligent” already exists.

The good news is that the future is home to much of this type of uncharted potential. Until then, your wallet is only as secure as your cybersecurity. You should be using a VPN, a password manager (not all are created equal), and good virus / malware scanning tools.

However, your best bet is using a professional who has access to and knows how to configure the advanced automated cybersecurity software that actually doubles as a 24/7 Security Operations Center complete with real-time alerts.

Cold storage is another option, and is arguably the safest because it is offline. The down side is that if you’re a cutting-edge crypto connoisseur who scouts the early coins for big gains, many obscure coins are not supported by cold storage wallets.

Which makes automated cybersecurity software the current clear winner in regards to how to safely store your crypto. Do we expect this to change? Quite the contrary. The advancements in the field of Artificial Intelligence (AI) are likely to be exponential in the next few years. At some point, as a society we should consider using the term “Advanced Intelligence” instead of Artificial Intelligence. When something is so critical in so many ways, proper credit / respect should always be given. At Petronella Technology Group, we are both grateful and excited over the advancements in AI as they relate to cybersecurity.

When it comes to currency that was born of and is sustained by the Internet, integrating AI tools to keep your funds safe just makes common sense.

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    Jeremy Richards
    2020-03-13
    Petronella provides great advanced digital marketing and automation solutions for my business!
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    Kate Swenson
    2020-02-14
    Highly recommended for CMMC certification assistance! Excellent and affordable options for secure data hosting on local infrastructure. 5 stars!
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    Tom Matzen
    2020-01-25
    Petronella Technology Group helped us setup our sales and marketing automation, cybersecurity and compliance for our new Blockchain startup. Great to work with! Craig in particular really knows his stuff, can translate into non-tech speak, and has wisdom beyond his years. Highly recommend them.
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    Justin Summers
    2020-01-14
    Craig is awesome! He is very professional and efficient with his work. I would definitely recommend Petronella Technology to anyone who needs state of the art service.
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    Blake Rea
    2020-01-14
    Craig is an expert in his field. Impressed by his knowledge, A true pioneer in Cybersecurity. My business is safer thanks to Petronella Tech!
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    Robert Friedman
    2020-01-10
    For the last five years Craig has been the Contributing Editor for Cybersecurity for NC Triangle Attorney Law Magazine which I publish. His base of knowledge is always leading edge, pragmatic and early to understand for our readers who are not techies. He is patient and easy to work with.
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    2020-01-10
    Craig Petronella, CEO of Petronella Technology Group provided the members of the Defense Alliance of North Carolina expert advice on cybersecurity and NIST compliance. Eye opening experience! Thanks so much!
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    Julie Brown
    2020-01-09
    Craig and the Petronella Technology Group, Inc. team made HIPAA compliance for my small practice so simple and easy! They helped me with all of my HIPAA training, HIPAA Security Risk Assessment, Penetration Test, and HIPAA secure hosting so I can rest easy.
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    Pivot Point
    2020-01-03
    Petronella Technology Group helped us with our marketing strategy for our new web startup. Awesome experience!!!!
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    Richard Brunet
    2019-12-30

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