re: Official CryptoTalk Thread

This was an interesting article about phone porting to steal account information. I noticed that Bittrex requires a 24 hour wait to transfer if a password is reset now, hopefully that is happening everywhere.

This is why you don't tell your phone browser to remember you, it's inconvenient to put in the password every time, but more secure. Also, I wouldn't post anything on social that would make you a target.

quote:

---

Adam Pokornicky, a managing partner at Cryptochain Capital, asked Verizon to put extra security measures on his account after he learned that an attacker had called in 13 times trying to move his number to a new phone. But just a day later, he said, the attacker persuaded a different Verizon agent to change Mr. Pokornicky’s number without requiring the new PIN.

---

This would be awful:

quote:

---

Mr. Pokornicky was online at the time his phone number was taken, and he watched as his assailants seized all his major online accounts within a few minutes. “It felt like they were one step ahead of me the whole time,” he said.

---

quote:

---

The attackers appear to be focusing on anyone who talks on social media about owning virtual currencies or anyone who is known to invest in virtual currency companies, such as venture capitalists.

---

quote:

---

Coinbase, one of the most widely used Bitcoin wallets, has encouraged customers to disconnect their mobile phones from their Coinbase accounts. But some customers who have lost money have said the companies need to take more steps by doing things like delaying transfers from accounts on which the password was recently changed.

---