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You.
At some point you, probably unwittingly, handed over the keys to the castle.
Follow this guide.
https://steamcommunity.com/sharedfiles/filedetails/?id=1126288560
Exactly, so dont enter your account credentials on shady websites.
If I can not trust the 15+ year old Steam accounts of friends of mine, I don't feel Steam is as secure as people claim it to be.
Super.
So as we have established, Steam is secure:
They choose to install or open allow give away their security with no thought of consequences. Education is the key.
But that isnt enough either as they don't read the guides and stay informed.
The only mothod that works is hindsight and experience.
Dr Shadow has posted here some of the best guides and what to look out for
https://steamcommunity.com/discussions/forum/1/3165461775604999700/
You literally fell for a phishing scam and are blaming Steam. That scam has been going on FOR YEARS.
You did not get hacked, you gave away your account credentials.
You & your friend just demonstrated where the weak points of security almost always are.
And that's why phishing is a way more popular technique than l33t h4x0ring frontline security...
Humans are weak, and who's in charge of of the individual's security, the user, a weak human. There's no security in the world that can stop a user from handing over their credentials if they're convinced that's what they need to do.
And Steam, or any website relies on those credentials to validate that the person has access. Who's fault is it that they handed over their credentials to a scammer? Did Gaben make you fill out that form and hit submit. Or was that 100% Slice?
People with old accounts get phished. Account age doesn't make users smarter, or more secure. Your friends are human beings, and human beings are often vulnerable to phishing and scams unless they have specific experience or expertise. Relying on bogus assumptions to vet users and then blaming Steam when it turns out your assumptions and expertise on the subject are as lacking as anyone's... after all your account age didn't save you, or make you an expert.
There's a flaw in your logic, a pretty obvious one.
At any rate you can believe what you want. Blaming others is just an excuse to remain ignorant and vulnerable to massage your ego. And that doesn't hurt anyone but yourself.
And the fact that you can only get help trough Steam these days is also very bad. They don't even use their email anymore so when your account is taken you are screwed.
Yes it is incorrect because YOU circumvented the security measures by falling for a known phishing scam.
Apart from this suggestion:
Never log into given links or buttons, especially if its not the site of the company an account is from.
You need to think for yourself, and not lay your guard down just because other people are "trusted".
This applies not only in Steam, but in any real life situation.
If your parents told you to give 1k$ to someone overseas because someone called them by phone and convinced them this would be a good idea, would you do it for them?