Although hardware wallets such as the KeepKey are well regarded as the gold standard in cryptocurrency security, they are only as secure as your PIN if somebody manages to access your physical device.
Unlike the Ledger Nano S, the KeepKey does not feature an automatic wipe feature if the PIN is entered wrong too many times. Because of this, it is especially important to ensure that your PIN remains as bulletproof as possible, as this can be the last defense in certain situations.
If you suspect your PIN may be compromised, or have used the same PIN for other accounts you know to be compromised, it is highly recommended that you change your KeepKey PIN. Even if your PIN hasn’t been breached, it is a good idea to change it on a regular basis for safe measure.
Thankfully, changing your KeepKey PIN is a simple process that takes just two minutes to complete, but can mean the difference between absolute security and financial ruins.
Changing your KeepKey PIN
Step 1: To begin changing your PIN, open the KeepKey client and connect your KeepKey device to your computing using the official KeepKey USB cable.
After connecting your device, KeepKey client will ask you to enter your current PIN. Use the grid shown on the screen to enter your PIN based on the numbers as they are presented on your device screen, and click ‘Send PIN’ when done.
Step 2: After entering your account, you will be taken to the KeepKey client dashboard. Here, click the cog in the top left to open the settings panel.
Step 3: In the settings panel, select the ‘Change PIN’ option. Your KeepKey will then display a message on screen asking if you want to change your PIN.
Click and hold the KeepKey button to confirm. This should be automatically detected by KeepKey client.
Step 4: On this screen, using the grey grid to enter your current PIN, before clicking the ‘Send PIN’ button. After a brief pause while your PIN is checked, you will then be able to create your new PIN.
Step 5: Here, enter the new PIN you want to use by clicking the square that corresponds to the numbers you wish to use as your PIN. KeepKey allows you to choose the length of your password, up to a maximum of 9 digits. We recommend creating a full 9 digit password since this offers the maximum security possible.
Avoid repeating digits and numbers that are directly related to you, such as your birthdate, anniversary etc, as these are much less secure than a randomly generated 9 digit number.
Once you have entered the PIN you want, click the ‘Choose PIN’ button.
Step 6: After entering your PIN, you will be asked to confirm it again. Simply re-enter your PIN using the PIN layout shown on your KeepKey screen, and click ‘Confirm PIN’ to finish up. When you see the ‘Your PIN was successfully changed!’ screen, then the process is complete.
Now that you have changed your PIN for your device, this will be needed when accessing and managing your portfolio in future. Be sure to either keep a copy of this PIN in a secure place or have it thoroughly memorized, as without it, you will not be able to access your wallet without using your recovery sentence.
Image credits: KeepKey