In recent months, as cryptocurrency prices have skyrocketed, hackers have also gravitated to the field in search of quick profit. These attacks include targeted phishing...
, <a href="https://www.cryptocoinsnews.com/hackers-seize-32-million-in-parity-wallet-breach">Solidity contract hacks</a>, <a href="https://www.coindesk.com/7-million-ico-hack-results-coindash-refund-offer/">website hacks</a>, and more. </p>
<p>One of the more sophisticated <a href="https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/">methods</a> includes calling a Telecom operator and porting the victim’s phone number to the hacker’s account, then using the phone number to access online accounts. Hackers have been using this technique to steal large amounts of cryptocurrencies from Coinbase accounts, which in turn has been criticized of not offering enough security options to users.</p>
<p>In the past weeks news of high-profile attacks were rare, but now seem to be returning. Jessica Ver Steeg, CEO of Cannabis ICO Paragon, <a href="https://twitter.com/jessversteeg">announced</a> yesterday that she was attacked by hackers and lost control of her personal Gmail account, later to regain control of it with Google’s assistance. It seems Paragon funds are safe but crypto hackers are getting ever savvier, meaning the use of real (app, non-SMS) two-factor authentication is becoming crucial.</p>