Real-time phishing attacks that cheat two-factor authentication are on the rise around the globe as phishers adapt to the latest barriers put in their way....
Researchers at Trusteer today said 30 percent of all attacks during the past two-and-a-half months against websites using two-factor authentication have been real-time, man-in-the-middle (MITM) methods that allow the attackers to bypass this stronger authentication. ...
Trusteer researchers have spotted these attacks in South Africa, Europe, and now in the U.S., says Mickey Boodaei, CEO of Trusteer. And while these attacks are not a new concept, this is the first time his team has seen them in such high numbers, he says. ...
The underlying problem, meanwhile, is that two-factor authentication can be bypassed, according to security experts. ...
Aside from locking down the browser, other defensive options include transaction-verification tools. [Date: 9 November 2010; Source: http://www.darkreading.com/showArticle.jhtml?articleID=228200550]
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