The apparent ease with which SIM hijacking attacks are being perpetrated to get the targets’ second authentication factor for crucial accounts (online banking, cryptocurrency exchange, online wallet) must have raised some doubts about the security of multi-factor authentication (MFA) – and rightly so. What users need to know and accept is that not all MFA options are equally secure but that, generally, they are all a safer option than using just a password.

Read full article on Help Net Security