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Two-Factor Authentication on a Crypto Exchange: Why SMS Is the Weakest Option

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SMS codes are the most common form of two-factor authentication on crypto exchanges, and the weakest. The problem is not only SIM swapping, which the FBI has recorded falling for three years. It is real-time phishing, and against that neith…

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Two-Factor Authentication on a Crypto Exchange: Why SMS Is the Weakest Option
CryptoTicker 19h ago

Two-Factor Authentication on a Crypto Exchange: Why SMS Is the Weakest Option

SMS codes are the most common form of two-factor authentication on crypto exchanges, and the weakest. The problem is not only SIM swapping, which the FBI has recorded falling for three years. It is real-time phishing, and against that neith…