[2014-10-26] CD: What's Next for Bitcoin Wallet Security?

[botany]

What's Next for Bitcoin Wallet Security?

http://www.coindesk.com/whats-next-bitcoin-wallet-security/

In spite of the strides made this year, there are still significant challenges for wallets.

One of the biggest concerns is malware, said Breadwallet's Vosine. The threat from malware is only likely to increase, and Android has been a hotbed of malware activity.

This is another reason to move into hardware wallets, commentators said, but hardware, too, has room for improvement.

Thomas Voegtlin, who created popular bitcoin wallet Electrum, said that he already has support for Trezor, and that BTChip integration is coming soon.

Nicholas Bacca, creator of BTChip, has created a smartcard wallet which he said cannot be easily recovered by an attacker gaining physical access to the chip.

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[hilariousandco]

I'd like to see wallets with two or even 3-factor authentification. I think if you have those set up and a very strong password you'd be pretty safe.