Safe Backup Practices for Digital Assets

Backups are the safety net for hardware wallets, ensuring data is never lost. If a device is damaged or stolen, recovery information restores access. Without this backup, data may be gone forever. Creating a safe backup is therefore essential. It provides a layer of resilience against unexpected events.

The safest method is to write recovery details on paper. Digital backups, such as cloud or text files, can be hacked. A handwritten copy avoids online risks completely. This offline method keeps sensitive data inaccessible to intruders. Simplicity often leads to the strongest security.

Physical protection of backups is equally important. Fireproof or waterproof containers are a wise choice for storage. These safeguard against accidents like floods or fires. Secure locations, such as safes, further enhance safety. The goal is to make sure backups survive any disaster.

Privacy is another critical factor in backup management. Recovery data should never be shared with others. Even trusted individuals can accidentally expose it. Keeping it strictly personal ensures exclusive control. True ownership comes only from sole access.

Safe backup practices provide lasting peace of mind. They guarantee recovery even under extreme circumstances. With proper care, recovery details remain protected for decades. This gives users confidence in their digital security. A secure backup is the ultimate foundation of trust.

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Address

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Email

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Cirex Wallet AG, a company duly incorporated and registered in Germany, is authorised and licensed as a Crypto-Asset Service Provider (“CASP”) under the European Union’s Markets in Crypto-Assets Regulation (“MiCA”) (Licence No. CR839271L8P4NK35JWR46). The Company, represented by its Director Sebastián Alejandro Paredes, further confirms that it fully complies with the applicable crypto-asset regulatory frameworks of Israel, including registration with the Israel Securities Authority (“ISA”) and the Capital Markets, Insurance and Savings Authority (“CMISA”); the Crypto Asset Module of the Central Bank of Bahrain (“CBB CAM”); and the Virtual Assets Regulatory Authority (“VARA”) in Dubai, United Arab Emirates.