ITSP Magazine: Two Is Usually Better Than One, But With 2FA It Might Not Be

March 4, 2018 — Two Is Usually Better Than One, But With 2FA It Might Not Be

Robert Capps, VP at NuData, wrote a report issued yesterday by ITSP Magazine, explaining details about a mobile malware known as FakeBank, which was discovered by security researchers from Trend Micro. The new malware has been embedded in several SMS/MMS management software apps and is designed to steal banking information and funds.

A layered defense that includes passive biometrics and behavioral analytics can review multiple vectors of the user’s behavioral interaction, such as how the user holds a device, how hard a user hits the keys, and hundreds of other identifiers. These technologies can also distinguish machines from humans, separate good machines from bad, select known humans from unknown humans, and finally sort unknown humans demonstrating low-risk signals from unknown humans demonstrating high-risk signals.
For the complete article, go here.