btc
Member of DD Central
Posts: 193 
Likes: 132
|
Post by btc on Jan 26, 2019 11:12:08 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app.
So now I can't access my account.
|
|
lara
Posts: 345
Likes: 300
|
2FA
Jan 26, 2019 11:18:31 GMT
dc848 likes this
Post by lara on Jan 26, 2019 11:18:31 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app. So now I can't access my account. You don't have to use the app. A landline works to receive the code. A scammer wouldn't know what the code was, that's the point.
|
|
ceejay
Posts: 975
Likes: 1,149
|
2FA
Jan 26, 2019 11:24:59 GMT
dc848 likes this
Post by ceejay on Jan 26, 2019 11:24:59 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app. So now I can't access my account. That's pretty dumb, TBH. It may not be fool proof - there is always a risk that any technology can be circumvented. But it eliminates more risks than it causes, for sure. Possibly at the loss of convenience, but that's another question altogether.
Do you also refuse to wear a seat belt in a car because of the risk that you might be trapped in a crash?
|
|
btc
Member of DD Central
Posts: 193
Likes: 132
|
2FA
Jan 26, 2019 11:38:29 GMT
Post by btc on Jan 26, 2019 11:38:29 GMT
No, because why would a scammer be interested in a seat belt?
A sim card can be swapped into the hands of a scammer which gives a scammer full access to calls and text messages. Or a phone can be stolen. I don't have a landline, scammers can also exploit that too.
Putting trust in a third party app is like putting all your credentials in a password manager which claims to be unhackable, everything is hackable, if a password manager gets hacked then your passwords are no longer safe.
|
|
|
|
2FA
Jan 26, 2019 11:38:41 GMT
Post by hammertime on Jan 26, 2019 11:38:41 GMT
Its another line of defence A/C are just trying to help us out .
|
|
Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
|
Post by Steerpike on Jan 26, 2019 11:43:39 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app. So now I can't access my account. Are you suggesting that the introduction of 2FA has made your AC account more vulnerable?
|
|
lara
Posts: 345
Likes: 300
|
2FA
Jan 26, 2019 11:44:44 GMT
Post by lara on Jan 26, 2019 11:44:44 GMT
No, because why would a scammer be interested in a seat belt? A sim card can be swapped into the hands of a scammer which gives a scammer full access to calls and text messages. Or a phone can be stolen. I don't have a landline, scammers can also exploit that too. Putting trust in a third party app is like putting all your credentials in a password manager which claims to be unhackable, everything is hackable, if a password manager gets hacked then your passwords are no longer safe. Honestly, if one worried that much about everything that could potentially go wrong, nothing would ever get done. At some point you just have to trust that you are doing the best you can.
|
|
btc
Member of DD Central
Posts: 193
Likes: 132
|
2FA
Jan 26, 2019 11:59:58 GMT
Post by btc on Jan 26, 2019 11:59:58 GMT
Example: On 6th December, Nicehash had a security breach where 4736 bitcoins ($70m) were stolen. Most users had 2FA but that did not help at all as the hackers gained access via stolen VPN credentials.
There are many ways in which 2FA can be hacked, but I won't list every way here.
|
|
|
|
Post by p2pgirl on Jan 26, 2019 12:41:52 GMT
Example: On 6th December, Nicehash had a security breach where 4736 bitcoins ($70m) were stolen. Most users had 2FA but that did not help at all as the hackers gained access via stolen VPN credentials. There are many ways in which 2FA can be hacked, but I won't list every way here. So you’re saying that your account is less secure than before 2FA was introduced? If hackers get into AC then we are potentially compromised regardless! 2FA stops somebody who gets hold of your credentials being able to access your account. This is by far the most common way for accounts being compromised. Authy and google authenticator are very well known solutions for 2FA.
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
2FA
Jan 26, 2019 14:10:47 GMT
Post by star dust on Jan 26, 2019 14:10:47 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app. So now I can't access my account. You wait 'till you receive the account closure form - you'll be even more enamoured of AC. They only plan to process a maximum of three withdrawals. One after a month, one three months later and then one after all your loans have finally sold - which in my case could be 20 years time for all I know. I've got dozens of loans that have been on sale for considerably more than three months already and have sold nothing at all or a few pounds at most - that's excluding the un-tradeable ones.
It's enough to make you try to sign up for 2FA at least to have control of the process, which is no doubt why they're doing it that way.
|
|
|
|
2FA
Jan 26, 2019 15:12:35 GMT
dApps likes this
Post by westcountryfunder on Jan 26, 2019 15:12:35 GMT
Example: On 6th December, Nicehash had a security breach where 4736 bitcoins ($70m) were stolen. Most users had 2FA but that did not help at all as the hackers gained access via stolen VPN credentials. There are many ways in which 2FA can be hacked, but I won't list every way here. OK, so you've made it pretty clear that you consider the usefulness of 2FA to be 'sweet FA'. Maybe you're right, maybe not, and I'm no great fan of 2FA myself. But the main line of defence is still a strong password, changed regularly. Do you have the same doomsday view of password managers, such as LastPass? It's so easy to generate excellent passwords and provided you change the master password from time to time, what's not to like? Security is the least of my worries on AC. In this respect it seems to me AC are doing their best, and better than most P2P platforms. I wish the same could be said of some of the loans they have launched.
|
|
dc848
Posts: 150
Likes: 92
|
2FA
Jan 26, 2019 15:46:31 GMT
dApps likes this
Post by dc848 on Jan 26, 2019 15:46:31 GMT
There are too many risks with 2FA, A scammer could call or text to pretend to be AC, I can't trust a third party app. So now I can't access my account. Life in general is about to get harder for you then...
Your mattress will start to get very lumpy I suspect.
|
|
ceejay
Posts: 975
Likes: 1,149
|
2FA
Jan 26, 2019 18:12:00 GMT
chris likes this
Post by ceejay on Jan 26, 2019 18:12:00 GMT
Example: On 6th December, Nicehash had a security breach where 4736 bitcoins ($70m) were stolen. Most users had 2FA but that did not help at all as the hackers gained access via stolen VPN credentials. There are many ways in which 2FA can be hacked, but I won't list every way here. If your understanding of risk is as shaky as this, I strongly recommend you shift all your funds to FSCS accounts immediately.
|
|
|
|
Post by hammertime on Jan 27, 2019 10:05:36 GMT
If you are that concerned dont invest in P2P put your cash in a bank.
|
|
lara
Posts: 345
Likes: 300
|
2FA
Jan 27, 2019 11:43:47 GMT
Post by lara on Jan 27, 2019 11:43:47 GMT
AC 2FA/log in security is more robust than many of the banks!
|
|
