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Author Topic: why myetherwallet security not strong  (Read 1977 times)
jyotianand01 (OP)
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October 16, 2017, 08:59:12 AM
 #1

From some days, my myetherwallet accounts going hacked and i feel, they have to apply any special security feature like google authentication so that only the authentication key holder can access his account because nowadays many slack mails coming and asking for re-validation of eth wallet and get people private key. If any special security feature like google authentication taken for every transaction on wallet, it will not possible for any hacker to get your key or make any transaction from your account.


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October 16, 2017, 10:00:41 AM
 #2

From some days, my myetherwallet accounts going hacked and i feel, they have to apply any special security feature like google authentication so that only the authentication key holder can access his account because nowadays many slack mails coming and asking for re-validation of eth wallet and get people private key. If any special security feature like google authentication taken for every transaction on wallet, it will not possible for any hacker to get your key or make any transaction from your account.

Yes I agree with your concern my 2-3 friends etherwallet Ac got hacked. I think they should work on their Wallet & add some security feature. I am also afraid to use etherwallet most of the time if they add some authentication feature it will be have more worth.

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October 16, 2017, 10:10:25 AM
 #3

I don't understand, how exactly did your MEW wallets get hacked? This is a reason om major concern!
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October 16, 2017, 10:12:34 AM
 #4

most hackers use brute force. you only have to set a 50 character long password with capital letters, numbers and symbols. and hide your private key
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October 16, 2017, 11:56:49 AM
Last edit: October 18, 2017, 09:45:17 AM by ashu711
 #5

Yes i full agree myEtherwallet security is very poor and hack many accounts. u safe ur key and not open myetherwallet account in google. u can use private window to open wallet account. not open slack email related Etherwallet this is 90% chance of hackers.

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October 16, 2017, 12:01:09 PM
 #6

its very safe, you just need to use it wisely
put it on air gapped computer and make offline transactions
thats it....
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October 16, 2017, 12:08:39 PM
 #7

I don't understand, how exactly did your MEW wallets get hacked? This is a reason om major concern!
There are only few people  affected with this. they hacked via slack they recieve a message  from the slack channel  and believe that its true they click the   phising link  given  almost the same  with myether but change one letters or number then suddenly all those noobs  enter their private key without checking the URL , thats why they get hacked .



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October 16, 2017, 12:17:28 PM
 #8

its very safe, you just need to use it wisely
put it on air gapped computer and make offline transactions
thats it....

Exactly, you can used it to make new wallets offline and store your all your pertinent details like private key and password to a safe location. Lucky for me I haven't been hacked or something because I'm very careful. And bookmark the site as well because if you just type it in your browser maybe one or two letters will cause you to go to a phishing site that will took all your ETH and tokens. Again, its our responsibility to protect our wallet, a lot of hackers have been prying on cryptocurrency now because their is big money involved. Be safe everyone.

 
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October 16, 2017, 12:25:51 PM
 #9

Best defence from being hacked is your brain. Never input your private key of keystone file + password if you are not at MEW official site. But I agree about overall security drawback... I wonder why does MEW not make 2 factor autentification scheme to get access to your wallet through keystone file for example?!

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October 16, 2017, 12:38:29 PM
 #10

Many people use myetherwallet because of the advantages they have, all the wallets have deficiencies and advantages included in security

If myetherwallet uses a two-tier verification system using a phone number it greatly minimizes the system vulnerabilityJif all transactions that will be done If using incoming code via message may be safe
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October 16, 2017, 12:45:54 PM
 #11

From some days, my myetherwallet accounts going hacked and i feel, they have to apply any special security feature like google authentication so that only the authentication key holder can access his account because nowadays many slack mails coming and asking for re-validation of eth wallet and get people private key. If any special security feature like google authentication taken for every transaction on wallet, it will not possible for any hacker to get your key or make any transaction from your account.
Yes the best way to secure our wallet from hackers is to have the protocol to validate the real users or owner of that account or password authentication in short so it will be difficult to the attacker to hack some other account and avoid losing our credentials. Smiley

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October 16, 2017, 12:52:08 PM
 #12

I think it should be added with more complete security features again because I think it is true myetherwallet quite vulnerable to hackers who could have broken the ETH coin that we have I think for the owner myetherwallet must seek accurate inpormasi for security obtained is not vulnerable by hackers if just mengandalka existing features alone I think it will not be a guarantee of the coin that we save. other than that of course the myetherwallet site developers must also be more respect for the unrest perceived by myetherwallet users.

 
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October 16, 2017, 12:54:29 PM
 #13

All the hacks that I am aware about were because of the fake url links that were bombarded at different slack channels. If there is any other way that Myetherwallet got hacked I would like to know about it.

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October 16, 2017, 12:56:15 PM
 #14

Check the URL as you enter the myetherwallet, it will needs you, there is a lot of fake mews.
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October 16, 2017, 12:56:47 PM
 #15

Hey! Listen! MyEtherWallet is prepared for the Byzantium fork. You do NOT need to do anything.
Anyone who DMs you with some announcement on Slack is trying to steal your ETH!
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October 16, 2017, 12:59:57 PM
 #16

Hey! Listen! MyEtherWallet is prepared for the Byzantium fork. You do NOT need to do anything.
Anyone who DMs you with some announcement on Slack is trying to steal your ETH!


My ETH hack too !!

My advice to login with MyEtherWallet Chrome Extension
like waveswallet has done !!
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October 16, 2017, 01:02:23 PM
 #17

Hey! Listen! MyEtherWallet is prepared for the Byzantium fork. You do NOT need to do anything.
Anyone who DMs you with some announcement on Slack is trying to steal your ETH!


My ETH hack too !!
Check the URL as you enter the myetherwallet,theres lots af duplicate sites to steal your login credentials
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October 16, 2017, 01:03:13 PM
 #18

Myetherwallet hasn't been hack.

Firstly because it's just an interface, there is no storage or website...
Secondly because if you've been hack, it's not because of myetherwallet, but always a human issue.

If your password has been hacked it's not because of myetherwallet, they don't store it. It's because of your pasword's weakness.
When you store thousands of euros, it might be usefull to find a strong password, not a 8 digit password... Except if you don't care loosing your money...

The other way to be hacked, is cliking on a false link. Some people send you to false myetherwallet link like my-etherwallet.com or other stuff.
Don't clik on it... Or it will send your password when you type it, to the hacker...


Good luck and sorry for your loss

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October 16, 2017, 01:10:09 PM
 #19

Myetherwallet hasn't been hack.

Firstly because it's just an interface, there is no storage or website...
Secondly because if you've been hack, it's not because of myetherwallet, but always a human issue.

If your password has been hacked it's not because of myetherwallet, they don't store it. It's because of your pasword's weakness.
When you store thousands of euros, it might be usefull to find a strong password, not a 8 digit password... Except if you don't care loosing your money...

The other way to be hacked, is cliking on a false link. Some people send you to false myetherwallet link like my-etherwallet.com or other stuff.
Don't clik on it... Or it will send your password when you type it, to the hacker...


Good luck and sorry for your loss

Well said. I think users need to be aware that MEW can be brilliant in its simplicity, but only when used in a safe way - which is the obligation of the user, not MEW.
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October 16, 2017, 01:15:13 PM
 #20

It's your own responsibility to not click links or get your computer infected.
MEW is fine as long as you use it wisely.
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