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Topic: if anyone hacked your account then who is responsible??? - page 5. (Read 7639 times)

legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform

Yes, exactly, I will for sure blame the exchange too, although they keep saying that it will not be their responsibility and that we should not leave our tokens/coins in their exchange, still if they do have a good reputation, they still need to make sure that they have secured the safety of their users and not just blaming people for leaving their assets there, as there's a lot of traders that trusted them.
exchange is to blame only if the hacker could get through their hot wallet or cold storage where all of their cryptos are saved and if that happen and the exchange is not offering reimbursement then they are as good as scamming. But, if it is only your account that got hacked, you are deifnitely to take the blame because that means it's your own fault and not the exchange's because the responsibility of keeping the account safe by enabling any security measures and keeping the important information is all your responsible as a user.
copper member
Activity: 966
Merit: 5
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


This depends on how the hack tool place. If the hack takes place in the exchange affecting many users, then it's the exchanges fault and not yours. It has been proven many times that these exchanges aren't safe thus saving funds on exchanges isn't a good idea. Then on the other hand, if you visit a phishing website or didn't secure your details well and your details gets stolen thus you get hacked, you are to blame.
The best way to secure yourself is save funds outside exchanges. Set up 2fa security. Also, visit CMC, search your desired exchange, access and login from there.
full member
Activity: 562
Merit: 100
Is hacker fault 90%, 8% your fault because not take all measures to secure account and connect to it only from self place and 2% exchange fault because let hacker login from new IP if this happened when hack occured.
It seems to me that 30% of the people, 40% of the exchange and 30% of the antivirus, which leaked information, are to blame.
member
Activity: 1078
Merit: 10
Actually, it depends on the way of hack - if you held crypto on the cryptocurrency Exchange which was hacked, it is not your fault unless it was unpopular Exchange. But if entered your private key on a phishing website, it was your responsibility to keep your key in a safe place.
hero member
Activity: 781
Merit: 501
General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
If our account is hacked, of course the exchange does not want to be held responsible for certain errors of the individual, but if the exchange is hacked, of course the exchange party will be responsible, both for matters 2fa is very important where the security of our account will be guaranteed security because the key holder is only in us, and don't forget to also provide a PIN code when we make a transaction so that security can multiply.
Account security is indeed a priority of the user, if hacking occurs and it is proven that the user is wrong then the exchange will not be responsible, except for the exchange error then you will get your money back. and for wallets like MEW you have a big responsibility for funds because no one can help if hacking occurs
we could separate two case in hacking. User account hacking which is their self responsibilities , and exchanges will not replace user losses.. Meanwhile if exchange hacking which is make users balance account null, they have to refund it. Many exchange could not refund their customer money and finally closed operation  and will need long time and much process to recover our fund.
The conclusion here is that even top-tier exchange is not the safest place to store your assets if you are only a holder. It's better to use a hardware wallet for the safe storage. Especially, if you have a huge amount of various cryptocurrencies.
jr. member
Activity: 155
Merit: 1
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


there several instances to note here, was your account hacked alone or was the exchange hacked? if the exchange was hacked then it is of no fault of yours but if it was only your account that was affected then you must have compromised your login details which lead to the hack. things you need to do to avoid been hacked is for you not to visit phsing sites, don't use the same password for exchange and airdrop/bounty programs. avoid using same password for your email and exchange accounts and my last advice is for you to enable 2Factor Authentication in all your exchange accounts even when you don't have funds in there.
jr. member
Activity: 60
Merit: 1
If my account is hacked on an exchange, it will depend on the nature of the hack before I can say who should be responsible for it. Let's assume that they got my details through phising, I should be responding for it but if it is large scale hack that affect many, the exchange should be responsible for it
full member
Activity: 491
Merit: 100
Everyone is responsible for his or her action. People should learn to play safe. Without thinking of safety then your funds is gone. Let's try to avoid phishing links and try as much as possible to protect our private keys and password. In instances where every wallet is hacked in the exchange , then the exchange is responsible  for the hack.
sr. member
Activity: 1568
Merit: 333
General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
If our account is hacked, of course the exchange does not want to be held responsible for certain errors of the individual, but if the exchange is hacked, of course the exchange party will be responsible, both for matters 2fa is very important where the security of our account will be guaranteed security because the key holder is only in us, and don't forget to also provide a PIN code when we make a transaction so that security can multiply.
Account security is indeed a priority of the user, if hacking occurs and it is proven that the user is wrong then the exchange will not be responsible, except for the exchange error then you will get your money back. and for wallets like MEW you have a big responsibility for funds because no one can help if hacking occurs
we could separate two case in hacking. User account hacking which is their self responsibilities , and exchanges will not replace user losses.. Meanwhile if exchange hacking which is make users balance account null, they have to refund it. Many exchange could not refund their customer money and finally closed operation  and will need long time and much process to recover our fund.
sr. member
Activity: 952
Merit: 251
Is hacker fault 90%, 8% your fault because not take all measures to secure account and connect to it only from self place and 2% exchange fault because let hacker login from new IP if this happened when hack occured.
Yeah it will be mutual fault of all people included, but I think it is 80 percent fault of the person who made investments in a coin but did not made securities for it. Before investing people should decide about the security like investing in promising coin and then select a good wallet for it. There are so many wallets but the best one is one and only Bitcoin.
sr. member
Activity: 1120
Merit: 414
General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
If our account is hacked, of course the exchange does not want to be held responsible for certain errors of the individual, but if the exchange is hacked, of course the exchange party will be responsible, both for matters 2fa is very important where the security of our account will be guaranteed security because the key holder is only in us, and don't forget to also provide a PIN code when we make a transaction so that security can multiply.
Account security is indeed a priority of the user, if hacking occurs and it is proven that the user is wrong then the exchange will not be responsible, except for the exchange error then you will get your money back. and for wallets like MEW you have a big responsibility for funds because no one can help if hacking occurs
member
Activity: 736
Merit: 11
General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
If our account is hacked, of course the exchange does not want to be held responsible for certain errors of the individual, but if the exchange is hacked, of course the exchange party will be responsible, both for matters 2fa is very important where the security of our account will be guaranteed security because the key holder is only in us, and don't forget to also provide a PIN code when we make a transaction so that security can multiply.
sr. member
Activity: 644
Merit: 253
Is hacker fault 90%, 8% your fault because not take all measures to secure account and connect to it only from self place and 2% exchange fault because let hacker login from new IP if this happened when hack occured.

I would say that it is 50/50. At least half of the blame should be directed at you. Very few users who had enabled all the security features such as 2FA and phone authentication had their wallets hacked. Most of the time, these incidents involved those users who were either careless or too lazy to enable these basic security measures. And in case your funds are stolen from the exchanges, then 100% of the blame is on you. Exchanges are not meant for storing cryptocurrencies. They are only for trading.

Yes, exactly, I will for sure blame the exchange too, although they keep saying that it will not be their responsibility and that we should not leave our tokens/coins in their exchange, still if they do have a good reputation, they still need to make sure that they have secured the safety of their users and not just blaming people for leaving their assets there, as there's a lot of traders that trusted them.
jr. member
Activity: 644
Merit: 1
https://blockmembers.io/
General Exchange hacking, the exchange will be held responsible while individual hacking, you are responsible. That is why you should increase the security of your assets by adding 2FA and don't clicks links you do not know.
sr. member
Activity: 1974
Merit: 453
Is hacker fault 90%, 8% your fault because not take all measures to secure account and connect to it only from self place and 2% exchange fault because let hacker login from new IP if this happened when hack occured.

I would say that it is 50/50. At least half of the blame should be directed at you. Very few users who had enabled all the security features such as 2FA and phone authentication had their wallets hacked. Most of the time, these incidents involved those users who were either careless or too lazy to enable these basic security measures. And in case your funds are stolen from the exchanges, then 100% of the blame is on you. Exchanges are not meant for storing cryptocurrencies. They are only for trading.
full member
Activity: 378
Merit: 101
CARTESI 📱 INFRASTRUCTURE FOR DAPPS
Obviously the hackers, We try to keep our investments save by keeping pvt keys, passwords, logins secure and I think that's the best we can do. Try not to keep your cryptos on exchanges, keep them in wallets because it's safe. Never share your pvt keys etc with anyone.
member
Activity: 539
Merit: 20
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
what's you thought about it Huh

and how i make my account safe  Huh


the answer is quite simple. If you didn't follow the security instructions given by the stock exchange and you're hacked for that, you're responsible. but if you have followed the instructions, but the hacking took place, the responsibility rests with the stock market.
hero member
Activity: 994
Merit: 502
if I've created account/wallet on coinbase or any other exchange then my account is hacked and my coins/money lost who are responsible for it
The Exchange where I've created account Huh
is it my mistake Huh
If it's just your account that was compromised, it would be considered your fault because if they pay for every hack, then people could easily fake it and claim that their accounts were hacked so that they would be refunded.


and how i make my account safe  ??
By ensuring that your password is long and complicated (preferably 32 characters and above, mixed with alphabets, numbers and symbols and upper and lower cases) and never use the same passwords in multiple exchanges... Also importantly, you should activate every security measure in your account like 2FA and you should also ensure that your email has very strong security, it wouldn't serve you well to secure your account and the hacker could just back your email and recover password from there and also use it to access for Google Authentication app.
sr. member
Activity: 644
Merit: 253
That I believe can be anyone. But most likely be one of the fake online platforms we join using the same passwords we use for our accounts on exchanges.
So basically if we say that the security of an account is responsibility of its owner wont be wrong. He should be careful with his credentials. He must not put it every other place without questioning why. Mostly people do blunders or face losses due to their blind trust and no questioning. Usage of same password at every site is not a recommendation. Compromise at one place can put all accounts in danger.

Indeed, there is no one to be blame at as there is no one responsible with our own account is ourselves, so blaming others cannot make you recover your fund or your hacked account, so instead of blaming other people of the exchange site, it is you to learn about it, learn how you are going to manage your fund next time, how you are going to secure your account, it is important to have 2Fa always, don't ever forget this one.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
That I believe can be anyone. But most likely be one of the fake online platforms we join using the same passwords we use for our accounts on exchanges.
So basically if we say that the security of an account is responsibility of its owner wont be wrong. He should be careful with his credentials. He must not put it every other place without questioning why. Mostly people do blunders or face losses due to their blind trust and no questioning. Usage of same password at every site is not a recommendation. Compromise at one place can put all accounts in danger.
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