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When Two-Factor Authentication Goes Wrong

7.8.2018 by Jenn Granger

How often do you use Reddit to check the weirdest and most wonderful news on the web? Last week the vast message-boarding and news aggregation site reported a data breach on user and employee passwords, exposing the weaknesses of two-factor authentication (2FA) based on text messages. Reddit admitted its systems were breached, despite using the fail-safe two-factor authentication, with a spokesperson saying: “We learned that SMS-based authentication is not nearly as secure as we would hope, and the main attack was via SMS intercept. “Although this was a serious attack, the attacker did not gain write access to Reddit systems;…