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Author Topic: if anyone hacked your account then who is responsible???  (Read 7707 times)
Zeke_23
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November 06, 2019, 12:35:57 AM
 #221

It is difficult to answer this question. If you were talking about personal wallets (both online and desktop versions), then I would have said that in case you get hacked and your coins get stolen then you have only yourselves to blame. In such cases, the majority of the incidents occur due to carelessness from the user (such as 2FA not activated or email confirmation not enabled).  
In this case, no one to blame but the user itself. It is every user's responsibility to secure their own wallet/exchange. Users are given the right to store their own private key and create their own password, if it was compromised, and the funds inside of it will be stolen, yourself is at fault here.

However, hacks on exchange wallets can occur due to multiple reasons. They can occur due to carelessness from the side of the user, as well as due to mistakes from the part of the exchange. Sometimes the exchanges get hacked and user data (passwords, email address, phone number.etc) get stolen. In such cases, you can't blame the user for the hack. But sometimes, the user is responsible. For example, the user visits a phishing website and enters his password. The hacker gets hold of this password and uses it to steal the coins.
Every user has it's own responsibility, and the exchange as well.
But I don't think that the exchange will let it happen to stole every information of their users. They will tighten their security for sure.

Phishing is the main problem of most users, they easily become a victim due to lack of awareness.

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November 06, 2019, 02:41:24 AM
 #222

You are responsible even in the first place. You are the creator of your account and you should do all the things that you could have done to make it secure. You should always remember to set a strong password that is a combination of letter, number and special characters and if there is a 2fa option then enable it to add another layer of security.

 
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Asgard124
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November 06, 2019, 05:15:51 AM
 #223

if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


It can't really be your fault that your account got hacked.  The fault can be from the exchange  and reason why the security of any exchange is paramount.  How secured is the exchange?

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November 06, 2019, 05:52:47 AM
 #224

If you ever protected your account the best you can then maybe its somebody fault. As a user we take full responsibility of our every actions but sometimes no matter how we try safe our accounts there are instances that we might be outsmarted by bad actors.
Having a lot of passwords would make the account safer to have. Don't just leave a wallet or account unencrypted.

I always use a difficult password so that other people have difficulty guessing it, and other additional security, if this has been used all and the account is still hacked then there is a weakness in the exchange.

Agree, but if only our account is hacked, maybe it's our fault. But if a lot of accounts are hacked, I think the exchanger needs to take responsibility by bearing the losses suffered by his customers

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November 06, 2019, 05:57:18 AM
 #225

If it's just your account that's compromised in the exchange, then it's seen as your fault because you are responsible for your own security, if the exchange's decide to pay back everyone whose funds were hacked, then many people would start faking being hacked to be compensated or even be less careful about the security of their accounts, everybody should always ensure to take the neccessary steps to secure their exchange accounts and this includes a long and complicated password and also the activation of 2FA.

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November 06, 2019, 07:52:02 AM
 #226

There are 2 mistakes between your own what coinbase. If your email or password is known and someone is doing the transaction out it is your fault why it is not secure with F2A, Email verification, and Sms Verification.
But if the hacked is Coinbase itself and our balance is gone just so we can blame Coinbase itself and they should be responsible for the user itself. In conclusion, use Google Auth or F2A to secure your account.

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November 06, 2019, 08:03:17 AM
 #227

It could be you or the exchanges. But it is often our fault that we lose our cryptocurrencies because of our carelessness and lack of security.

Exchanges provide strong protection to our wallets. So they always remind us to use them because they can't do anything if our cryptos are robbed of our disobedience to their laws.

So we have to follow it like Google Authentication, 2 Factor authentication, Strong password, mobile authentication and others can help us to prevent hackers from accessing our wallet.
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November 06, 2019, 05:14:07 PM
 #228

If you get hacked, you can't blame anyone. That is because you did not protect your account well, you will be responsible for it.
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November 06, 2019, 10:42:26 PM
 #229

I think everyone is responsible for his own security. Always use 2 factor authentication, never use a password twice. Don't share personal information with strangers.
Have we ever thought about what happens if our laptop or phone get lost, whereby you've used 2 factor authentication as your password. Nobody but you is to be blamed if your account got hacked. That's why you should be mindful about the people you give your phone or computer to

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November 06, 2019, 10:57:01 PM
 #230

if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


The accountability or who to blame depends on the nature of hacking. Most wallet platforms are difficult to crack the encryption. Most hacking happens in the form of phising. The user in this nature of hacking is often getting fooled easily by websites that requires you to sign up with password. If one uses the same password for everything, from emails to social media sites, the hackers can possibly access your online wallet too.

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November 06, 2019, 11:03:50 PM
 #231

if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


We could blame ourselves or the hacker or the wallet itself, all we want. But the point is, we need to learn about incidents like this. We do need to experience it to learn it. We need to have initiative to protect ourselves from any form of hacking and similar fraudulent activities. The first step is not to be ignorant by continuously studying and research. If there's a promo or good deal, research more about it and compare notes with other people like in this forum. This to ensure that the promo is legit and not a way for the scammers and hackers gain something from you.
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November 06, 2019, 11:20:45 PM
 #232

Most people if they are victims of hackers, always directly blame others for what happened to him. Yet according to the survey
most accounts were hacked due to self-error not careful in maintaining his account. Like using a complicated password and also
need to enable 2 factor authentication. So if our account is hacked obviously we ourselves must be responsible, but if all accounts
in exchanges are hacked it is just a mistake exchanges.

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November 06, 2019, 11:24:07 PM
 #233

Except an exchange is hacked, that is, a lot of user's info are stolen by a hacker, an individual whose account gets hacked is solely responsible because he or she must have given out his/her password either knowingly or unknowingly.

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November 06, 2019, 11:43:32 PM
Last edit: November 07, 2019, 12:43:26 AM by MathGame
 #234

if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


Most of the hacking incidents are happening due to the users' negligence. Although, sometimes cryptocurrency exchanges got hacked by the hackers themselves. But most of the account hacking is because the users are using less secure passwords and not using 2FA. sometimes is from the exchange side where the hackers will hack the exchange wallet itself.  
 
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November 07, 2019, 12:21:04 AM
 #235

What is yours is your responsibility to look after it. The problem that occurs is whether the coinbase is hacked or just your account?
If only your account is hacked, I think it's your own fault. There's no way someone hacked an account without knowing what the email was. It's certain that you accidentally clicked on a phishing website that contains a keylogger. So the hacker can find out your email and password. Therefore, strengthen your account with Google 2FA.



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Xxmodded
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November 07, 2019, 12:50:49 AM
 #236

What is yours is your responsibility to look after it. The problem that occurs is whether the coinbase is hacked or just your account?
If only your account is hacked, I think it's your own fault. There's no way someone hacked an account without knowing what the email was. It's certain that you accidentally clicked on a phishing website that contains a keylogger. So the hacker can find out your email and password. Therefore, strengthen your account with Google 2FA.
Better created new coinbase account with to recovery your old account hacked, what for take back your account after hacked because all your asset gone and now created new coinbase wallet then use authicator for your account, next time never click any link sending to your gmail account because can be way how to make your coinbase wallet hacked.

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Litzki1990
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November 07, 2019, 12:58:30 AM
 #237

if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh

If that happen maybe you should contact the support of the exchange.
Well sometimes the reason why your account also hacked its because some sites you open that have can be a phising site.
We must be careful sometimes or must better put in bookmark the site you always open.

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biddicoin
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November 07, 2019, 01:42:46 AM
 #238

depend on what is the hacked reason. if you click phising link, then it is ur mistake
but if the exchange prentends to be hacked, then it is exchange's mistake
to safe your money is just believing in your own private key, dont give your money to exchange especially CEX

 
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Aabcde
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November 07, 2019, 03:01:07 AM
 #239

What is yours is your responsibility to look after it. The problem that occurs is whether the coinbase is hacked or just your account?
If only your account is hacked, I think it's your own fault. There's no way someone hacked an account without knowing what the email was. It's certain that you accidentally clicked on a phishing website that contains a keylogger. So the hacker can find out your email and password. Therefore, strengthen your account with Google 2FA.
Better created new coinbase account with to recovery your old account hacked, what for take back your account after hacked because all your asset gone and now created new coinbase wallet then use authicator for your account, next time never click any link sending to your gmail account because can be way how to make your coinbase wallet hacked.
That's what I mean. We must be careful of obscure links that can lead us to phishing websites. No problem you have to create an account where, the important thing is you have to maintain your own account because it is your treasure. No one is responsible but ourselves. Strengthen the security of your account with anything, and of course your email must also be strengthened.



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ReiMomo
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November 07, 2019, 01:37:11 PM
 #240

depend on what is the hacked reason. if you click phising link, then it is ur mistake
but if the exchange prentends to be hacked, then it is exchange's mistake
to safe your money is just believing in your own private key, dont give your money to exchange especially CEX
This is what I am thinking and probably OP was accidentally found the phishing site which is very common as of now. The population of the hacking victim was increased due to a lack of knowledge. Well, you are the only one who is responsible for your account and if it was being hacked then it's your call. You must need to have some research first before you invest and also you must only choose those trusted sites and especially don't share your password to anyone.

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