Cryptohackers managed to bypass two-factor authentication...

Cryptohackers managed to bypass two-factor authentication (2FA)

ESET has warned about the emergence of malicious applications for cryptocurrency, which use a new technique to bypass two-factor authentication based on SMS-messages. The so-called two-factor authentication (2FA), which is an additional method of protection, in addition to the usual introduction of a username and password, is currently considered to be the main deterrent against intruders. Malicious software detected by ESET specialists bypasses the 2FA procedure, independently using a one-time password notification from an infected device. An Android application called Koineks disguises itself as a cryptocurrency exchange program and steals login data into your account. This malicious Android application was uploaded to Google …

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