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Wanna know a secret? Whether you're logging into your bank, health insurance, or even your email, most services today do not live by passwords alone. Now commonplace, multifactor authentication (MFA) requires users to enter a second or third proof of identity. However, not all forms of MFA are created equal, and the one-time passwords orgs send to your phone have holes so big you could drive a truck through them.…

Hackers Bypass MFA to Steal Australians' Banking CredentialsMelbourne-based ANZ Bank will introduce passwordless authentication for digital banking services amid news that hackers have stolen the banking credentials of tens of thousands of Australians. Cybercriminals used infostealer malware to steal the credentials of more than 30,000 Australians.

Bank Info Security 1 year, 3 months ago

Breach Roundup: A WhatsApp Flaw Ushered in Spyware

Also: France Temporarily Lifts Pavel Durov's Travel Ban Amid Telegram ProbeThis week, Paragon Solutions spread through WhatsApp, France suspended Pavel Durov's travel ban, Vapor malware hit 60M Android users, state-backed hackers exploit a Windows flaw, Western Alliance Bank exposed customers data, Apple fixed a passwords bug, and a sperm bank exposed customer information.

Bank Info Security 1 year, 10 months ago

Breach-Weary Snowflake Moves to MFA, 14-Character Passwords

New Security Measures Follow High-Profile Hacks of Snowflake CustomersData warehousing platform Snowflake rolled out default MFA - as well as a 14-character password minimum - to shore up security in the wake of a series of cyberattacks in June that hit high-profile customers including Santander Bank, Advance Auto Parts, LA Unified School District and Neiman Marcus.

Hauling in 30,000 staff IN PERSON to do password resets Breaking Transport for London's ongoing cyber incident has taken a dark turn as the organization confirmed that some data, including bank details, might have been accessed, and 30,000 employees' passwords will need to be reset via in-person appointments.…

In today's digital age, passwords serve as the keys to our most sensitive information, from social media accounts to banking and business systems. This immense power brings with it significant responsibility—and vulnerability

A senior research scientist at Google has devised new CPU attacks to exploit a vulnerability dubbed Downfall that affects multiple Intel microprocessor families and allows stealing passwords, encryption keys, and private data like emails, messages, or banking info from users that share the same computer. [...]