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As crypto trading turns into more and more mainstream, our Security team right here at Coinbase has seen cybercriminals getting much more artistic and persistent in their makes an attempt to steal property. While that can sound a little scary at first, the good news is that you can dramatically enhance your digital security with just a few easy steps. Not solely will this help protect your funds on Coinbase, it can be applied to the remainder of your digital life as well!When someone is in a position to log into one of your accounts to carry out fraudulent exercise, that is known as an ?account takeover?, or ?ATO? for short. But how do these fraudsters get into your account within the first place? https://anotepad.com/notes/d8k9qyxy is called a ?SIM-swap.? In a SIM-swap attack, fraudsters will really contact your wi-fi carrier pretending to be you, and persuade the customer support agent to redirect your cell service to a different gadget, by changing the SIM card number related along with your account (hence the title of the attack.) Once they succeed, they're in a position to receive all calls and SMS messages despatched to your phone number ? including any two-factor authentication codes despatched to you through SMS. From there, fraudsters will regularly pair those SMS 2FA codes with stolen passwords to try to log into your e-mail account, social media profiles, cloud storage accounts like Dropbox, or financial accounts like Coinbase..