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Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Bank Info Security 5 months, 2 weeks ago

Social Engineering Hackers Target Okta Single Sign On

ShinyHunters Campaign Uses Voice Phishing to Bypass MFA and Steal Corporate DataSecurity experts warn that "an active and ongoing campaign" being waged by ShinyHunters extortionists has at least 150 organizations in its sights across a range of sectors, with attackers using live voice phishing to bypass multifactor authentication, steal cloud data and hold it to ransom.

Bank Info Security 11 months, 3 weeks ago

Identity Threats Target Small Businesses in MFA Workarounds

Huntress's Kyle Hanslovan Warns of MFA Bypass, Rogue Apps, Fake Device EnrollmentsCybercriminals are bypassing MFA using session tokens and rogue app access, with shadow workflows enabling persistent inbox theft against SMBs. Huntress offers behavioral training and managed identity response to SMBs for real protection not just more alerts, says CEO Kyle Hanslovan.

Bank Info Security 11 months, 3 weeks ago

The MFA Illusion: Rethinking Identity for Non-Human Agents

As Agentic AI Takes Over Workflows, Traditional Authentication Practices Fall ShortThe explosion of agentic AI and autonomous bots to orchestrate cross-system tasks is turning MFA into a brittle defense. Non-human identities often bypass human-centric security controls, operating with static credentials and undefined ownership, creating exploitable identity risks.

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.

Push Fatigue Attacks Succeed 5% of the Time, Surge in the Morning, Researchers FindMultifactor authentication is a must-have security defense for repelling outright credential stuffing and password spraying attacks. But no defense is foolproof. Attackers have been refining their tactics for bypassing MFA, including using technology and trickery.

Bank Info Security 2 years, 2 months ago

Multifactor Authentication Bypass Attacks: Top Defenses

Joe Toomey of Cyber Insurer Coalition Details Rise in Attacks Targeting Weak MFAAdversaries seeking easy access to enterprise networks continue to probe for weak multifactor authentication deployments, oftentimes via nontargeted attacks that lead to phishing pages designed to steal one-time codes, said Joe Toomey, head of security engineering at cyber insurer Coalition.