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Companies Need More Than Two-Factor Authentication to Keep Users Safe

We all know the basics of cybercrime, such as phishing emails with malicious links or attachments, or phone calls from fake help desks seeking to take over your computer.

But schemes in the cyber world continue to get more sophisticated. One of the latest scams has hackers stealing phone numbers to drain cryptocurrency accounts such as Bitcoin. How? Hackers have identified a weakness in the way we use our phones to authenticate our identities to mobile service providers, as well as to online accounts. They’re exploiting this weakness to steal whatever they can get their hands on. And it all goes back to two-factor authentication, or 2FA.

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