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Author Topic: I'm using two-factor authentication. Should I still be worried?  (Read 450 times)
bosco2010 (OP)
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December 10, 2013, 03:23:10 PM
 #1

So I use two-factor authentication on every bitcoin site where I have bitcoin stored.  I also use password generators like this: http://www.random.org/passwords/

Should I still be worried?  Are there any known incidents of people's accounts still being compromised?  Anything else I could do to protect myself?
franz2
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December 10, 2013, 03:35:27 PM
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For small amount sounds good.

In case you have big amount, think about a paper wallet.

It's most safe.
hoewer4what
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December 10, 2013, 03:42:33 PM
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So I use two-factor authentication on every bitcoin site where I have bitcoin stored.  I also use password generators like this: http://www.random.org/passwords/

Should I still be worried?  Are there any known incidents of people's accounts still being compromised?  Anything else I could do to protect myself?

Depends on the two-factor authentication type. If email, it is not enought.
bosco2010 (OP)
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December 10, 2013, 03:54:35 PM
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So I use two-factor authentication on every bitcoin site where I have bitcoin stored.  I also use password generators like this: http://www.random.org/passwords/

Should I still be worried?  Are there any known incidents of people's accounts still being compromised?  Anything else I could do to protect myself?

Depends on the two-factor authentication type. If email, it is not enought.

I'm using Google Authenticator.  I also printed out the QR codes used to register at each site in case I lose my phone.
investmentbtc
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December 10, 2013, 03:55:10 PM
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I have been using two-factor authentication too and I'm also wondering if its safe.  Too many scary stories out there right now.  
sammart57
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December 10, 2013, 04:09:15 PM
 #6

2fa is much safer than the alternative.
Most secure would be a paper wallet, but 2fa is a pretty good alternative imo.
I wouldn't store large amounts on any exchange for an extended period of time though.
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