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If there ever was such a thing as a cybersecurity silver bullet it would do one thing really well: eliminate passwords. Threat actors have proven to be endlessly clever at abusing and misusing passwords. So what’s stopping us from getting rid of passwords altogether? Passwords may have been very effective securing Roman roads.
The smash-and-grab attacks by LAPSUS$ obscure some of the group’s less public activities, which according to Microsoft include targeting individual user accounts at cryptocurrency exchanges to drain crypto holdings. The group of teenagers who hacked Twitter hailed from a community that traded in hacked social media accounts.
In today’s digital world, using our mobile phones to consumeservices is now a part of everyday life. With the average person now spending 2 hours and 51 minutes on their phone each day, service providers like ecommerce sites and entertainment channels have had to adapt their interfaces so that they also work on a smartphone.
It’s interesting to note that many people will happily unlock their phone by just looking at it and have no problem tapping their bank card against a store’s point of sale terminal, but if the term password security is presented to them, they have a blank expression, or worse, shrink away. So, it’s undoubtedly already out there.
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