According to Valve, around 77,000 Steam accounts gets hacked every month and the account hacking is the number one complaint of Steam users.
In a blog post about security and trading, Valve said that account hacking is one of the biggest problems on the platform which is why Valve urges its users to use two-factor authentication, with Steam Guard Mobile Authenticator.
In an effort to reduce the number of hacked accounts, the two-factor authentication uses a second device and Valve's own Steam Guard Mobile Authenticator app, which is available for Android and iOS, in order to confirm users identity.
Another big problem was trading, as when hacked, accounts are usually quickly cleaned out. According to Valve, the company has even thinking about completely removing trading but concluded that this would be bad for the end user. To make things a bit better, it has implemented delays in the trading process in order to give users a chance to see that they are actually hacked. This means that you will have to wait for 3 days for trading items or one day if you trade with Steam friends that are on your list for over a year.
Steam account hacking sounds like a really big problem and with a number of 77,000 accounts hacked each month, it would be wise to take heed of Valve's advice and use two-factor authentication.
Source:
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