Newest Threat: Two-Factor Authentication Fraud
Thought your home banking site was secure because you use two-factor authentication? Think again. 34 financial institutions in four different countries have had their systems compromised by a new threat dubbed “Emmenta.” No US institutions have yet been the subject of a similar attack, but given the fact that the countries involved used a more sophisticated authentication process than is generally used here, it may just be a matter of time. [7/29/14]
