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Changpeng Zhao: In response to frequent data breaches, users can take multiple measures to protect themselves

PANews October 28 reported that Binance founder Changpeng Zhao said that today saw 4 data breaches reported: Coinbase vendor Amplitude exposed some users' contact data, while funds were unaffected; South Korea's Bithumb experienced a user data breach; and two South Korean securities firms, Mirae Asset and Daishin Securities, also experienced data breaches. Zhao said that breaches cannot be completely avoided, but users can protect themselves. Data exposed by exchanges is typically used for phishing,SIM SIM-card swapping, and social-engineering attacks. He advised users to use a separate email alias for each exchange, provide only necessary information, and use dedicated phone numbers; use a password manager to generate unique, long passwords; enable hardware security keys or passkeys; and avoid SMS 2FA, enable withdrawal-address whitelists and time locks, set up anti-phishing codes, and regularly review activ...