Tag: 2FA

7 Best Two-Factor Authentication Solutions

What makes a two-factor authentication solution convenient for an enterprise and which products should companies consider to implement? In this article, we will cover 7 most suitable data protection tools offered by well-known two-factor authentication service providers. A standard procedure of getting access to a network account consists of entering login details: a login and password. This is a single factor authentication. Two-factor authentication (2FA) is an additional data protection …
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Cryptopia Users Suffer From Failed Login Attempts via Foreign IP addresses

Cryptocurrency exchanges have always been targeted by hackers and other people with nefarious intentions. While most of these attacks are thwarted, a successful hack occurs every now and then. Phishing campaigns have also been somewhat successful over the past 18 months. It now turns out someone has been trying to breach user accounts of the Cryptopia exchange. Although this platform is only a small fish in the pond, the incident highlights some security …
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Bittrex Exchange Makes Email 2FA Mandatory for All Users

Cryptocurrency exchanges have multiple responsibilities to take into account at all times. Their top priority should always be coming up with new ways to ensure that customer funds are completely safe from harm. The Bittrex exchange is doing exactly that, as they have now made two-factor authentication mandatory for all user accounts. Given the mounting number of cryptocurrency-related phishing scams, that was a smart decision. Keep in mind that this form of …
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Coinbase Account Hacked Due to Customer Support Negligence

It almost seems as if the Coinbase exchange has been making more negative headlines lately than ever before. One of its users recently reached out to us explaining how his account was hacked and the company failed to take any responsibility. Apparently, Coinbase’s customer support team can be tricked into removing 2FA from an account even when provided with partially incorrect account information. The follow-up response from the team was anything but stellar. Coinbase Negligence Is …
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