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Tuesday, January 05, 2010

Hackers cracked two-factor Authentication

The initially thought very secure two-factor authentication (2FA) security measure commonly employed by banks on Internet Banking sites has cracked. Hackers have shown how 2FA can be defeated.

It now looks like enterprises have to come out with an even stronger three-pronged approach to beef up security net. The billion dollar question is "Will there ever be a security foolproof method?".

Hackers Conquer Two-Factor Authentication [via]

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