The Latest in IT Security

Attackers Bypass 2FA Systems Used by Banks in ‘Operation Emmental’

22
Jul
2014

2FA Systems Used by Banks Bypassed with Malware, Rogue Mobile Apps

SMS-based two-factor authentication (2FA) mechanisms used by banks to secure their customers’ accounts have been bypassed by cybercriminals using a combination of malware, mobile apps, rogue DNS servers, and phishing sites, according to a report published by Trend Micro on Tuesday.

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