October 10, 2023 at 06:49 AM GST 2 mins read News
  • Friendtech introduces 2FA password protection, elevating platform security.
  • This new feature prevents unauthorized access even if cell carriers or email services are compromised.
  • The move is a direct response to user reports of SIM swapping attacks and asset theft on the platform.

Friendtech, in a move signaling its commitment to user security, has unveiled its latest protective measure: two-factor authentication (2FA) password integration. This advanced security layer is aimed at ensuring that even if users’ cell phone carriers or email services are compromised, their Friendtech accounts remain impenetrable.

Read CRYPTONEWSLAND on Google News google news

This decision comes on the heels of increasing reports from users who faced unauthorized access due to SIM swapping attacks. Such attacks, which involve hackers gaining control of users’ phone numbers to bypass security checks, have raised alarm bells in the digital ecosystem. The devastating consequence of these attacks for some was the illegal siphoning off of their digital assets.

With the new 2FA implementation, Friendtech guarantees an added layer of defense. Interestingly, neither the internal team at Friendtech nor their partners at Privy can reset these 2FA passwords. This ensures that account protection remains entirely in the hands of users, offering them full control and peace of mind.

As cyber threats continue to evolve, Friendtech’s proactive approach towards user security establishes its position as a platform deeply committed to the safety and well-being of its community. It’s a timely reminder for users everywhere to activate such protective measures and remain vigilant against potential security threats.

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.