Post
Topic
Board Beginners & Help
Re: Always Use 2Fa For Your Exchange Accounts
by
akram143
on 29/08/2019, 05:54:33 UTC
Thank you for your advice. Do we believe that 2FA is strong enough though? I thought that is what became compromised during the Binance hack
During a hack of a exchange it is usually the accounts that don't have 2FA enabled that get emptied. Those that do are safe. The only way to bypass 2FA is to replicate the SIM card and get the 2FA codes sent to the duplicated SIM card.

I am not sure how someone would hack your F2A, somehow reroute the code to the hacker somehow? I think F2A is pretty safe. Ledger is basically an advanced F2A and the new mewconnect also acts as an advanced F2A
I am not sure if anyone has ever been hacked using F2A. It would be interesting to find out. Maybe someone who knows more then us can answer us?
Third party authentication recorded hacked and there are some ways to hack it actually.

4 Methods to Bypass two factor Authentication