Cryptocurrency has introduced a decentralized approach to financial transactions, but it faces significant security challenges, including vulnerability to cyberattacks, theft, and fraud. Traditional antivirus software has limitations, such as reliance on signature-based detection, which struggles against emerging and polymorphic malware. Behavioral detection methods also have shortcomings, as stealth malware can disguise itself and conditional activation can evade detection. Fileless malware techniques and human error, such as phishing and weak password hygiene, further complicate security.
To enhance security, cryptocurrency users should adopt a multi-layered strategy that includes using hardware wallets for offline storage of private keys, implementing multi-factor authentication (MFA), and utilizing dedicated anti-malware tools. Safe browsing habits and regular software patches are also essential, along with securely backing up private keys.