Casa Launches Four Security Features to Combat Rising Social Engineering Attacks on Bitcoin Holders
Summary
Bitcoin security firm Casa has rolled out four new security measures designed to mitigate social engineering, which currently accounts for the majority of cryptocurrency thefts. These features include "Guardian Mode," which requires live video verification for transactions; "Whitelisting," which enforces a 48-hour delay for new withdrawal addresses; "Suspicious Account Activity" monitoring for physically impossible login locations; and "Phone Call Detection," which requires a verification code if a user attempts to send funds while on a phone call. These tools are intended to eliminate the "manufactured urgency" often used by scammers to manipulate victims.
(Source:Bitcoin Magazine)