Tag #Mfa

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forbes.com

🌐 90% Global Worthiness

Apr 26, 10:10

AI-Powered Phishing Attack Bypasses Microsoft 365 MFA

A new phishing attack, "SessionShark O365 2FA/MFA," bypasses Microsoft Office 365's multi-factor authentication by stealing user session tokens; this attack uses AI to create realistic phishing pages and is being sold as an educational tool, highlighting the need for stronger authentication methods ...

AI-Powered Phishing Attack Bypasses Microsoft 365 MFA

A new phishing attack, "SessionShark O365 2FA/MFA," bypasses Microsoft Office 365's multi-factor authentication by stealing user session tokens; this attack uses AI to create realistic phishing pages and is being sold as an educational tool, highlighting the need for stronger authentication methods ...

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What vulnerabilities in current 2FA methods are exploited by this attack, and how does the use of AI enhance its effectiveness?

This attack exploits the vulnerability of 2FA methods like SMS codes, which are susceptible to interception or user deception. The attackers use highly realistic phishing pages mimicking the Office 365 login interface, making them difficult to detect. This highlights the limitations of relying solely on SMS-based 2FA.

forbes.com

🌐 95% Global Worthiness

Feb 28, 10:09

Cybersecurity Crisis: Urgent Call to Delete Passwords and Adopt Passkeys

The alarming rise in cyberattacks targeting passwords and SMS-based 2FA necessitates a complete shift to passkeys, with the U.S. government and Google leading the charge to eliminate vulnerable authentication methods, highlighting the urgent need for users to delete passwords alongside adopting pass...

Cybersecurity Crisis: Urgent Call to Delete Passwords and Adopt Passkeys

The alarming rise in cyberattacks targeting passwords and SMS-based 2FA necessitates a complete shift to passkeys, with the U.S. government and Google leading the charge to eliminate vulnerable authentication methods, highlighting the urgent need for users to delete passwords alongside adopting pass...

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How are evolving cyber threats driving the adoption of passkeys and the need to abandon passwords?

The increasing sophistication of cyberattacks necessitates a shift away from passwords and SMS-based 2FA. The vulnerability of these methods is exacerbated by AI-driven threats, leading to widespread adoption of passkeys by 87% of U.S. and U.K. enterprises. However, simply adopting passkeys is insufficient; deleting existing passwords is crucial to eliminate vulnerabilities.

smh.com.au

🌐 85% Global Worthiness

Apr 8, 10:13

Cyberattack Exposes Weaknesses in \$1 Trillion Australian Superannuation Industry

A coordinated cyberattack exploited reused passwords to compromise six major Australian superannuation funds, managing over \$1 trillion in assets and impacting 12.6 million members, prompting increased regulatory scrutiny and a focus on improving multi-factor authentication (MFA) implementation.

Cyberattack Exposes Weaknesses in \$1 Trillion Australian Superannuation Industry

A coordinated cyberattack exploited reused passwords to compromise six major Australian superannuation funds, managing over \$1 trillion in assets and impacting 12.6 million members, prompting increased regulatory scrutiny and a focus on improving multi-factor authentication (MFA) implementation.

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What are the long-term implications of this cyberattack, and what systemic changes are necessary to prevent similar incidents in the future?

While some funds utilize MFA for specific actions, inconsistent and often opt-in implementation leaves many accounts vulnerable. APRA's heightened supervision and collaboration with other agencies aim to improve information sharing and strengthen industry-wide security. However, the lack of mandatory MFA across the sector indicates a potential for future breaches and highlights the need for stronger regulatory oversight.

forbes.com

🌐 85% Global Worthiness

Dec 18, 22:09

CISA Mandates Enhanced Security Measures for U.S. Officials

CISA issued new cybersecurity guidance for U.S. officials, mandating end-to-end encrypted communication apps like Signal and FIDO phishing-resistant authentication, eliminating SMS for 2FA due to security vulnerabilities, following the Salt Typhoon infiltration.

CISA Mandates Enhanced Security Measures for U.S. Officials

CISA issued new cybersecurity guidance for U.S. officials, mandating end-to-end encrypted communication apps like Signal and FIDO phishing-resistant authentication, eliminating SMS for 2FA due to security vulnerabilities, following the Salt Typhoon infiltration.

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Why does CISA strongly discourage the use of SMS for two-factor authentication and what alternative methods are recommended?

The new guidelines highlight the vulnerability of SMS to interception and emphasize the importance of strong authentication methods to protect against sophisticated attacks. The advice underscores the need for multi-layered security measures, including device-level security and careful app permission management, particularly for high-value targets.

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