The gory details are in the article. But essentially it is the same story of harvesting passwords using key logging software, very simple. Yet the solution to stop this occurring every time is also really simple - use 2-factor authentication. All reputed websites that got hacked offer this. It is (sort of) simple to use and thwart similar hacks. Even if your username and password is compromised, your 2nd factor is the barrier between the hacker and your assets.
Symantec VIP is a leading cloud based strong authentication solution. We enable strong authenticaiton with One Time Passcode using your phone , voice or SMS. In an age when we carry our cell phones, probably more than one, why not also use it for enabling strong authentication to your online accounts. It takes away the hassle of carrying an additional piece of hardware.
While it is almost the norm to offer 2-factor authentciation by all popular web sites, however adoption has been slow for multiple reaasons -
- Sites actually don't do a good job driving and educating users to these options. Most users don't even know that 2-factor is an option and avaialbe on say Facebook, Google , Twitter.
- There is a lot of friction for using and adopting 2-factor and its only security concious population are aware of it and use these features.
Due to these hacking attacks that are becoming more pervasive plus some well publicized stories as in the Wired magazine by Matt Honan are making more users aware of alternative ways to safeguard their identity.
Next time you are doing Likes, Poking or Hash-tagging your selfies, make sure unauthorized users don't pry your content and take over. Enable your account with 2-factor authentication.
It is Simple,Smart and provides Strong Authentication.