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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Image: Hold Security.

Banking 246
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Banks, Arbitrary Password Restrictions and Why They Don't Matter

Troy Hunt

Allow me to be controversial for a moment: arbitrary password restrictions on banks such as short max lengths and disallowed characters don't matter. Also, allow me to argue with myself for a moment: banks shouldn't have these restrictions in place anyway. for my *online banking*. 6 characters.

Banking 240
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MY TAKE: Businesses gravitate to ‘passwordless’ authentication — widespread consumer use up next

The Last Watchdog

This is one giant leap towards getting rid of passwords entirely. Perhaps not coincidently, it comes at a time when enterprises have begun adopting passwordless authentication systems in mission-critical parts of their internal operations. Excising passwords as the security linchpin to digital services is long, long overdue.

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The Rise of One-Time Password Interception Bots

Krebs on Security

In February, KrebsOnSecurity wrote about a novel cybercrime service that helped attackers intercept the one-time passwords (OTPs) that many websites require as a second authentication factor in addition to passwords. An ad for the OTP interception service/bot “SMSRanger.”

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PIN-Stealing Android Malware

Schneier on Security

The malware captures any PINs and passwords the victim enters to unlock their device and can later use them to unlock the device at will to perform malicious activities hidden from view.

Malware 248
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19 million plaintext passwords exposed by incorrectly configured Firebase instances

Malwarebytes

One of the researchers told BleepingComputer that most of the sites also had write enabled (meaning anyone can change it) which is bad, and one of them was a bank. So, an administrator of a Firebase database would have to go out of their way and create an extra database field in order to store the passwords in plaintext.

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How Coinbase Phishers Steal One-Time Passwords

Krebs on Security

A recent phishing campaign targeting Coinbase users shows thieves are getting cleverer about phishing one-time passwords (OTPs) needed to complete the login process. In each case, the phishers manually would push a button that caused the phishing site to ask visitors for more information, such as the one-time password from their mobile app.

Passwords 338