article thumbnail

Finding the Cracks in the Wall – How Modern Scams Bypass MFA

Security Boulevard

In my previous blog, I discussed the important role multi-factor authentication (MFA) plays in further securing access to enterprise and consumer services. We also established the fact that although MFA increases authentication security and decreases the risk of account takeover, MFA can, and is, being bypassed in the wild.

Scams 107
article thumbnail

Cloud Computing Trends in 2016

Spinone

reported compromised accounts. Most Popular Cloud Services Most of the services used by business organizations are enterprise-level services. 80% of enterprise level services are likely to have enterprise-grade security compared to consumer services at only 9.3%. Almost half (49.8)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Original APT: Advanced Persistent Teenagers

Krebs on Security

The smash-and-grab attacks by LAPSUS$ obscure some of the group’s less public activities, which according to Microsoft include targeting individual user accounts at cryptocurrency exchanges to drain crypto holdings. The group of teenagers who hacked Twitter hailed from a community that traded in hacked social media accounts.

article thumbnail

How we can use strong authentication to instantly activate digital banking cards

CyberSecurity Insiders

In today’s digital world, using our mobile phones to consume services is now a part of everyday life. With the average person now spending 2 hours and 51 minutes on their phone each day, service providers like ecommerce sites and entertainment channels have had to adapt their interfaces so that they also work on a smartphone.

Banking 84
article thumbnail

NEW TECH: ‘Passwordless authentication’ takes us closer to eliminating passwords as the weak link

The Last Watchdog

The hitch, of course, is that password-enabled account logins are too deeply engrained in legacy network infrastructure. Username and password logins emerged as the go-to way to control access to network servers, business applications and Internet-delivered consumer services.

Passwords 164
article thumbnail

Ransomware world in 2021: who, how and why

SecureList

In most attacks there are a significant number of actors involved, and a key takeaway is that they supply services to each other through dark web marketplaces. Botmasters and account resellers are tasked with providing initial access inside the victim’s network.