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RE: New phishing attempts on the blockchain, always pay attention. But rule #1: Never use your Steem account master password anywhere.
If someone's Master Key is compromised, and their account is hacked.. is that when they'd need to use Steem's account recovery feature @exyle?
As a witness, I think it's important that you ensure there is a strong account recovery system in place.
Yes, if that happens you need to go to account recovery. But if you never use your master key (and therefor it can never be comprised) you can just change your keys yourself incase your posting or active key is compromised with the master password. That you will be in control and not have to rely on account recovery.