Post
Topic
Board Exchanges
Re: Binance BTC Hack is due to 2FA
by
tyz
on 09/05/2019, 03:24:32 UTC
What Dave Jevans recommends moving forward is a 3FA approach. Has anyone used this or what are your thoughts?

You can install as many security mechanisms as possible if the users act carelessly in the end. Social engineering is a broad field, so you can't say exactly how the hackers got to the data, but it often happens via a personal mail asking to change the password and then redirected to a fake site. It is difficult to prevent such mistakes from individual users.