Trading is all over a virtual network where you need to keep tabs on every millisecond. You stay up to date on the financial reputation of your chosen pairs based on their global market share performance. These could be on stocks, commodities, futures, forex, and cryptocurrencies which are also vulnerable not only to financial setbacks but to system glitches caused by cyber attackers.
It’s too good to be true if you haven’t experienced some unwanted results. But, that’s okay as long as you have invested the money that you can afford to lose. However, the fact that people trade online, they are given a lot of options to make their trading worth their time and money. They would invest in virtual private servers associated with ultra-low latency, 0% downtime, and rock-solid security.
Ideally, your trading should be zero cool on all the devices and operating systems you use with a sole-use forex VPS. So, here is how you must be able to protect your VPS to avoid hackers getting into your radar.
Create and memorize your passwords
All platforms require you to register with a validated email address and a strong password. It’s one of the basic steps in opening a trading account and installing trading tools like virtual private servers that need full attention.
The last thing that hackers will do on your trading is to give up on cracking your account and connection with your broker companies. So, it’s recommended to set up alphanumeric passwords and memorize them by heart.
Trading could be another stream of passive income and you should be able to at least do your part in securing your personal details and IP addresses with strong passwords. On top of that, change passwords every now and then.
Use and configure SSH keys
VPS has logins with SSH or Secure Shell for communication. This way, there’s an established communication between two computers and execution data transfer by following a certain commend. SSH public keys can be very helpful with iOS and Linux systems, especially when using the best VPS hosting service.
Apart from creating a password alone, you need to introduce an alias that’s not related to you so hackers won’t easily ping your IP address. Adding SSH keys to your trading credentials is another layer of protection against manual and automatic hacking.
Modify and disable unused ports
While it’s easier to access the server with default ports, you still have to watch over other ports that are not needed. So just set them to disable mode or add a firewall because active ports can be traced by hackers and they might assume you’ve done some tweaks on your server’s root logins.
Give your VPS the best protection
What you have read is already enough to initially build a gap with any types of cyberattacks while trading. Whether you have chosen a cheap VPS or a premium VPS hosting service, the initiative to top up your security begins on your end.