Brazilian ‘pirates’ sail around two-factor authentication to vex banking sector
For researchers investigating malicious network activity in a given country, scanning hacker forums is like reading tea leaves. The discussion boards can provide insight about which malware is most popular, its likely victims and some clues that can help identify the thieves cashing in. In Brazil, underground bazaars host a bevy of hackers that cybersecurity company Recorded Future has dubbed “pirates” for their willingness to change tactics at any time in order to find easy money. That traditionally could mean flooding a large number of users with text messages and counting on someone to click a link, or using spam to change the domain name settings on local routers. It’s clear now some so-called pirates are capable of more. Skilled Brazilian cybercriminals are able to circumvent two-factor authentication through SIM-swapping, by compromising desktops used for banking, or by directly interfering with the banking sessions, according to research published Tuesday by Recorded Future. The findings illuminate a Brazilian […]
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