Telegram-powered bots are being utilized to steal the one-time passwords required in two-factor authentication (2FA) security. From a report: The ransomware threat is growing: What needs to happen to stop attacks getting worse? On Wednesday, researchers from Intel 471 said that they have seen an “uptick” in the number of these services provided in the web’s underground, and over the past few months, it appears the variety of 2FA circumvention solutions is expanding — with bots becoming a firm favorite. […] While 2FA can improve upon the use of passwords alone to protect our accounts, threat actors were quick to develop methods to intercept OTP, such as through malware or social engineering. According to Intel 471, since June, a number of 2FA-circumventing services are abusing the Telegram messaging service. Telegram is either being used to create and manage bots or as a ‘customer support’ channel host for cybercriminals running these types of operations. “In these support channels, users often share their success while using the bot, often walking away with thousands of dollars from victim accounts,” the researchers say.
of this story at Slashdot.
Source:: Slashdot