First line of defense is secure connection (https) When I connect to an axel site – go.axel.network HTTPS – secured server, sites will automatically redirect me to https://go.axel.network. HTTPS – my web browser checks the website’s security certificate and verifies it was issued by a legitimate certificate authority. This helps to ensure that I am connected to real website.
Signing up with strong Password and Passphrase for the account ensure I can securely login to go.axel.network. Since all AXEL Go accounts holds a wallet, the private key is stored and encrypted with user’s password so that only user can decrypt the private key for all wallet operations. In addition, user is also required to set Passphrase which is used to encrypt copy of private key if user forget his Password but remember the Passphrase. Using this Passphrase user can reset and set new password. Similarly, user can reset Passphrase only if password is known.
So, when I login my wallet’s private key is decrypted and can start using go.axel.network for all the activities. Because of this built in security feature even AXEL cannot decrypt or reset Password or reset Passphrase. Only user himself can reset. Two Factor – Authentication. 2FA, is an extra layer of protection used to ensure the security of online accounts beyond just a username and password. This process is done to better protect both the user’s credentials and the resources the user can access. Two-factor authentication provides a higher level of security than authentication methods that depend on single-factor authentication (SFA), in which the user provides only one factor — typically, a password or passcode. Two-factor authentication methods rely on a user providing a password, as well as a second factor, usually a security token or biometric scan. Axel Go also provide additional security feature to Auto Logout on Inactivity. Provide system notifications if a new or additional session/login is detected from another device