Coinbase CISO breaks down common crypto scam tactics and how to protect yourself
The Scoop
Implementing Physical Hardware Tokens for Enhanced Security
Implementing physical hardware tokens instead of push authentication to combat social engineering tactics like push fatigue, which aim to wear down individuals with continuous authorization requests. By closely monitoring industry attack techniques and vulnerabilities, the company made a proactive decision to enhance security measures. This decision proved beneficial when an employee fell victim to a phishing attempt, but the attacker failed to access any information due to the absence of a physical hardware token. The company's approach exemplifies the proactive stance needed to safeguard against evolving cyber threats in the cryptocurrency sector.
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