April 9, 2016
2FA, or Two-Factor Authentication, is regarded alongside biometrics as one of the strongest methods of protecting user data online. A new attack devised by two researchers at a university in Amsterdam shows that weak spots exist in this authentication scheme that open users to attack.
The two, Radhesh Krishnan Konoth and Victor van der Even, said they’ve discovered the flaw back in 2014, alerted Google and other online services, and even presented their findings to a series of banks, but to no avail.
As the researchers explained, because they haven’t gone public until now, many have said that the vulnerability was never dangerous enough to warrant the attention. The two think differently.