Cyber Risks · Krebs on Security

The Rise of One-Time Password Interception Bots

Summary: After KrebsOnSecurity reported in February on Otp[.]agency, a service that placed automated calls to trick targets into reading back one-time passwords, that service went offline within hours and new competitors emerged on Telegram. Intel 471 found that a bot called SMSRanger runs on slash commands targeting specific banks, PayPal, Apple Pay, Google Pay, or a wireless carrier, and users claim an efficacy rate of about 80% when the victim answered the call and the supplied personal information was accurate.

What you should know: These services assume the attacker already holds the target's credentials, so the second factor is the only thing left standing between a stolen password and account access - and an 80% claimed success rate against a victim who picks up the phone is a thin margin.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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