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Has The Security Industry Failed Its Customers?
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mschelin917
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mschelin917,
User Rank: Apprentice
12/19/2016 | 12:27:43 PM
SMS for Two Factor Authentication
Hello Sir, As a provider of SMS in the U.S. we know that most connections to and from cell carriers are made out of band and are encripted. The 60 minutes program that showed the SS7 network being hacked was not the way a bank in the U.S. sends a pin code to it's users. It is very difficult to intercept these messages.  Please don't get me worng, I'm not saying it's impossible but really hard to do.   
RogerG797
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RogerG797,
User Rank: Apprentice
12/19/2016 | 9:22:18 PM
Two Factor Authentication is better than single factor authentication
But it also be a big problem if the 2nd factor issuer machine got hacked.

So, software with password/passphrase stealing attack detection capability is the way to go.
mschelin917
50%
50%
mschelin917,
User Rank: Apprentice
12/19/2016 | 12:28:04 PM
SMS for Two Factor Authentication
Hello Sir, As a provider of SMS in the U.S. we know that most connections to and from cell carriers are made out of band and are encripted. The 60 minutes program that showed the SS7 network being hacked was not the way a bank in the U.S. sends a pin code to it's users. It is very difficult to intercept these messages.  Please don't get me worng, I'm not saying it's impossible but really hard to do.   
moarsauce123
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50%
moarsauce123,
User Rank: Ninja
12/26/2016 | 1:29:55 PM
Re: SMS for Two Factor Authentication
SMS typically requires cell service and for the general public cell service is freakishly expensive in the US. I'd be all over two factor authentication when there was a common implementation that makes use of other avenues, such as landline phone through automated calls. I'm one of those who cannot afford spending as much as a week's groceries on what is essentially an overpriced toy. Other countries fare much better with two factor because their cell services are not grossly overpriced. That is the key reason why the Social Security Administration ended the mandatory two factor authentication before it even was really put in place. Securing systems by providers cannot be cost-prohibitve for the users.
RetiredUser
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RetiredUser,
User Rank: Ninja
12/20/2016 | 10:53:56 AM
Who is Failing Who?
I might be stepping into it with this analogy, but while the article isn't taking its title literally, I do have strong feelings about the idea the Security Industry isn't doing all it can.  I liken the role of Security in IT to parenting.  You do all you can (or all you know how to do) but ultimately your kids still have free will to not listen to you at all (yes, I'm a parent).  Some of the most innovative ideas in network tech and software coding standards erupted from talented hackers pushing boundaries and the Security Industry answering.  And like parents, no InfoSec company or individual can know everything; it's an evolutionary process - stumbling here and there and having to catch your balance again is not failure by a long shot.  Failure would be walking away and doing nothing in the face of new waves of cybercrime and the truth is, it's often the customer doing nothing, not the InfoSec community.  Business models need to catch up with modern tech and start making Security a top priority.  Like I tell my kids, after I tell you what's going to happen twice, you can't act surprised when the thurd time we talk what I said was going to happen does.  Here's to all the parents out there, and to their counterparts in InfoSec.


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