Cyber Risks · Krebs on Security

How 1-Time Passcodes Became a Corporate Liability

Summary: A cybercriminal group dubbed "0ktapus" used SMS phishing pages mimicking employers' Okta login screens to harvest usernames, passwords and one-time passcodes, generating nearly 10,000 replies from employees at more than a hundred companies over roughly two months in mid-2022. The stolen credentials were forwarded in real time through a Telegram bot, and the group hit Cloudflare, Twilio, T-Mobile, Mailchimp, Klaviyo and customer support firms including Sitel and Teleperformance, with Twilio's breach exposing data on roughly 1,900 Signal users.

Bottom line: Okta reported this year that 47 percent of workforce customers still deploy SMS and voice factors for multi-factor authentication, so the one-time codes this group harvested in real time remain the second factor at nearly half the market.

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Topics
Identity & Access Management
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