Bitcoin Forum
May 08, 2024, 12:47:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / HOW TO ADD EXTRA PROTECTION TO YOUR PORTFOLIOS on: May 02, 2019, 09:13:03 AM
HOW  TO  ADD EXTRA PROTECTION TO YOUR PORTFOLIOS



Recently i got attacked, i was attacked on nearly 60% of my exchanges account, worst part of it all was that they had 2FA protection switched on…

I asked myself ;
How then did this happen i asked myself?
is it possible my 2fa app got hacked?
or is it someone hacking me via a virus?

then i realized the nut in the bombshell…
My email has been compromised..Yes!!!
i thought and plundered once more..how could that be…?

HOW IS IT POSSIBLE??

After a little research i, i found out that

Once they manage to hack into your email address
once your device is compromised with trojans
may be you signed in on their device without signing off
and much more numerous ways

Many exchanges Platform support “2fa reset” on an account so far as you have some vital info about the account, such as:
e-mail address and password
kyc information
last deposit (and/or date/amount )
last withdrawal (and/or date/amount )
etc


Once a hacker has as much info as needed, you are a Victim..as sad as that may be!


HOW TO PROTECT YOURSELF

In this section, i will be showing you how to protect yourself from such vulnerability (though not intended to be so)..

what will be needed:
your understanding
Authy authenticator (not google 2fa!)
(WHATEVER 2FA APP SUITS YOU BETTER..USE IT!)
https://play.google.com/store/apps/details?id=com.authy.authy
email account needed to protect

First things First...i  need you to understand that anything that has to do with 2fa should be treated with utmost carefulness..because once a 2fa code is gone..chances are you are totally locked out of that account (especially for some cases where there is no retrieval (CONS of this )
So that is why i advise using Authy (instead of Google 2fa) as they support retrieval of codes in cases of missing device, change of device etc, your 2fa codes will be restored..

Download and install the 2fa app and sign up with your phone

Next is to log in the e-mail (Gmail) you wish to protect
 For Android Devices, goto Settings > Google > Google Account


click On The Security Tab ( you may need to swipe left) and then  2-Step Verification

..

From this step, you are taken to a page where you had set your 2-step verification..
There are two basic types of the 2-step verification
BACKUP CODES (1st and mandatory )
Authenticator Method (Our Focus)

1st, you need to set up the BACKUP CODES by clicking Use Another Backup Option > send



A list of codes will appear, now make sure to store these codes somewhere safe, somewhere you can access each time you need to login your email on a new device..


ACTIVATING AUTHY ON THE ACCOUNT
After storing the backup codes, go back to the SECURITY   Tab and scroll down the page and setup an Alternative Second Step verification, then you would see Authenticator app as on option. Set it as you normally activate a 2fa on an account.. and You are done..


MAKE SURE TO ALWAYS STORE YOUR 2FA ACTIVATION CODES SOMEWERE SAFE AND AVOID MISPLACE OF IT..
EVEN IF AUTHY SUPPORTS RETRIEVAL OF SIGNED IN CODES..MAKE SURE TO KEEP A BACKUP OF THE CODES ELSEWHERE ALSO
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!