Cisco report on MFA hack backs up Black Hat conference presentation [Financial Post (Toronto, Ontario, Canada)]
KnowBe4, Inc. - Class A (KNBE)
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Source: Financial Post
That ‘but’ is that the solution has to be phishing-resistant. “Most people are using easily phishable MFA solutions,” he observed in a presentation Wednesday at the BlackHat conference in Las Vegas. “Unfortunately, about 90 to 95 per cent of MFA can be phished around and bypassed.” “I do like MFA,” said Grimes, data-driven defence evangelist for the security awareness training firm KnowBe4. “But, he added, IT “should be using phishing resistant MFA when and where they can to protect valuable data and systems.” By coincidence, earlier in the day Cisco Systems admitted a breach that proved his point : The compromise of a Cisco employee’s personal Google account led to a threat actor getting into the company’s VPN in May. How? The employee fell for a phishing scam. First, the attacker got the victim’s Cisco credentials that were stored in their browser. Then, to bypass the employee’s MFA protection, the hacker repeatedly sent fake push MFA messages to the employee, combined with voic
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