Trends
Can multi-factor authentication be hacked?
Multi-factor authentication (MFA) is the process of a user or device providing two or more different types of proofs of control associated with a specific digital identity, to gain access to the associated permissions, rights, privileges, and memberships. Two-factor authentication (2FA) implies that…
Headline
Multi-factor authentication (MFA) is the process of a user or device providing two or more different types of proofs of control associated with a specific digital identity, to gain access to the associated permissions, rights, privileges, and memberships. Two-factor…
Context
Multi-factor authentication (MFA) is the process of a user or device providing two or more different types of proofs of control associated with a specific digital identity, to gain access to the associated permissions, rights, privileges, and memberships. Two-factor authentication (2FA) implies that exactly two proofs are required for a successful authentication, and is a subset of MFA. Understanding how MFA works requires a broader understanding of the concept of authentication. In an identity access management (IAM) framework, authentication factors are security mechanisms used to prove a user is who they claim to be before they’re allowed access to privileged information.
Evidence
Pending intelligence enrichment.
Analysis
There are three types of authentication factors: knowledge factors, possession factors, and inherence factors. MFA requires users to prove at least two of these factors to verify their identity. Social engineering involves tricking a victim into revealing privileged information that can be leveraged in a cyber attack. This attack method is most commonly used when the attacker has already compromised a victim’s username and password and needs to bypass additional authentication factors. In this instance, an attacker will pose as “someone from IT” or another trusted user. They will then use this position of trust to manipulate users into sharing important account details. Once the user has given over their details, the attacker can access their account and your corporate network. They might even change that user’s password, meaning that they lose access to the account.
Key Points
- Like bitcoin ETFs, Ethereum ETFs offer investors a convenient means of gaining access to a cryptocurrency without having to hold the digital asset directly.
- Multi-factor authentication can be hacked through four ways: social engineering, spoofed landing page, session hijacking, and SIM swap.
- You could protect your business from MFA by setting up your MFA with robust policies and using hardware keys.
Actions
Pending intelligence enrichment.
