June 20, 2024

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Coinbase Creates Account Recovery Hotline With CoinTelegraph

Coinbase Creates Account Recovery Hotline With CoinTelegraph

Coinbase sets up a customer service hotline for account recovery

Coinbase (NASDAQ πŸ™‚ has announced a new helpline for customers who believe their accounts have been hacked by outside agents. Users will be able to speak with a live support agent, who will be able to start an investigation right away. In an industry where support tickets and emails are the standard method of communication, Coinbase hopes this app will help users save valuable time dealing with these kinds of issues.

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Coinbase also offers its customers additional layers of protection including two-factor authentication, unknown device identification, and advanced hardware security keys.

Account takeovers mean that a malicious actor can gain access to and control the user’s account. It is treated as a form of identity theft, where hackers spoof an account holder’s credentials to reset the password and login. In most cases, these credentials are the result of previous leaks of information or other types of fraud, such as phishing attacks or a keyboard sniffer.

Read the full article on Cointelegraph

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