Login guard is automatically enabled for all new users. The old users can enable the login guard in their profile settings. Login guard is effective protection against phishing attacks and we hope to see the reduction of successful phishing attacks targeting new users.
LocalBitcoins works actively towards making it safer to purchase and use bitcoins. During this year there has been visible increase in attack against bitcoin users in all major bitcoin services and local bitcoin wallets stored on your computer.
Below are some highlights of LocalBitcoins security progress.
Two-factor activation rate progressTwo-factor is one of the most effective ways to prevent account hacks. Even online games incentive players to activate two-factor for their in-game accounts.
The above chart shows the percentage of the LocalBitcoins users who activated two-factor authentication after the email verification. One can see there is clear progress going on and educating the new users is working. Some methods how we have achieved this are explained below.