Just yesterday my brothers email was hacked for a period of 24 hours, during this period the hacker has already had access to all his trading accounts and transferred all his crypto assets worth over $5,000.
It was quite tragic, because the funds were not totally his, and it difficult to explain this scenario to his investors. From what i figured it was easy for the hacker to get away with such funds.
To avoid this kind of unfortunate incident, i implore crypto traders to make sure that theres no loop holes in there trading accounts. I personally, trade on a hybrid trading platform (
www.bbod.io) that runs a non-custodial smart contract wallet system where all account balances are held by a decentralized smart contract on the Ethereum blockchain. Centralized entities are too often hacked, our hybrid approach to decentralized safety combined with a centralized trading engine ensures the security of your funds whilst maintaining blazing fast transactions speeds.
I think your brother has not activated his 2FA and this can be easy for the hacker to transfer all his funds to other wallet. If you have big amounts you must secure first your account to avoid this type of problem. Never click on those suspicious links that may lead to phishing site.