This does give me some hope. Next time my account gets locked maybe I'll just keep it locked up until this update.
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Done, done, done and done. It's been a while since I first got phished, so I've pretty much accepted my loss at this point. I suppose I'll keep chugging along until I get locked again and then just wait for the above mentioned update.
I appreciate all the responses guys. Thank you all.
Why Jagex Accounts?
Now that we’re all on the same page, let’s talk about why we’re launching a new account system.
Account security is a major concern for players and a core focus for us. The current system has reached the end of the road as our security solution. The new Jagex Account system will let us provide you with increased security, stability, and sustainability using modern, industry-standard technology. We’ll be able to keep bringing you more Old School for years to come without you worrying that your hard-earned stats and equipment will fall into the hands of hackers.
Jagex Accounts will use a different multi-factor authentication (MFA) integration to current RuneScape Accounts. When setting up MFA for your Jagex Account, you’ll be provided with 10 backup codes to use as your second factor if you lose access to your authenticator device. These codes will only be shown once and can only be used once each – so be sure to record them safely and securely!
To import a character to a Jagex Account, you’ll log in to that character and enter your authenticator details as usual. Once a character has been imported, the MFA for the associated RuneScape Account will no longer work – you’ll need to use the MFA associated with your Jagex Account.
You can still play multiple characters at once and make progress simultaneously, assuming all those characters are linked to your Jagex Account.
In short, the Jagex Account and Launcher is how we’re going to provide you with strong, modern account security – as well as an easier way to log in and manage multiple characters!
Link for more info. TLDR they're basically trying to remedy the current issue where accounts are recovered via different methods. @Justin you might find it interesting/useful as well.