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1  Economy / Exchanges / Re: ***CEX.IO Cloud mining official page*** on: May 22, 2014, 06:51:57 AM
Cyber Attack is very real and very dangerous.

Today's news 21 May 2014. Ebay got hacked.
https://www.yahoo.com/tech/ebay-hacked-urges-all-members-to-change-passwords-86405258249.html

Previously Mt Gox got hacked and collapsed.
http://www.telegraph.co.uk/finance/currency/10686698/Bitcoin-exchange-MtGox-faced-150000-hack-attacks-every-second.html

Personally, i think CEX.IO should enhance their security measures, especially with so many people putting their hard earned money investing in CEX.IO's cloud mining. 2FA is simply not enough.

Below are 2 recommendations for better security measures:

1) Bitcoins and funds should be insured. Many bitcoin companies are already doing it. Will CEX.IO consider this too? This the the bare minimum to enhance customer's confidence.

2) Cold storage offline vault. It should be also encrypted. So that it will greatly minimize any chance of cyber attacks.

Let's face it, the maintenance fee that we pay for CEX.IO's cloud mining service is not exactly low even with the recent lower of fees. Heightening the security of our investment in CEX.IO is the least that CEX.IO can do for us improving our trust in the company.

I am a customer of CEX.IO, I wish for the company to grow strong, so that I can grow with it too.
I hope to see improvements in the near future. Cheers
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