Business

What are Multifactor authentication (MFA) fatigue attacks and how can they be prevented?

Multifactor authentication is a security measure that requires users to provide a second form of verification before they can log into a corporate network. It has long been considered essential for keeping fraudsters out. However, cybercriminals have been discovering increasingly clever ways to bypass it.

 

During an attack (https://apo-opa.co/4aT1XGc) on Uber’s IT systems in 2022, the hackers did not use any sophisticated tactics to gain access. Instead, they bombarded an employee with repeated login requests until, out of sheer frustration, the employee approved one. This type of cyberattack is known as an “MFA fatigue attack” and poses a real risk to organisations, says Anna Collard, SVP Content Strategy and Evangelist at KnowBe4 AFRICA, a cybersecurity training designer.

“MFA fatigue attacks, also known as prompt spamming or authentication bombing, exploit human vulnerability, rather than relying on high-tech hacking methods,” she explains. “These attacks involve sending continuous push notifications to a target who has already provided their username and password, aiming to irritate or confuse them into unwittingly granting the attacker access to their account or system.”

With Uber, the attacker likely bought the contractor’s Uber corporate username and password on the dark web. The attacker then made repeated attempts to log into the victim’s Uber account. Each time, the victim received a request to approve a two-factor login, which blocked access at first. However, eventually, and after the attacker contacted the contractor on WhatsApp claiming they were from Uber IT and that the only way to get rid of the never ending notifications was to accept one, the contractor accepted one request, allowing the attacker to successfully log in.

Previously, cybersecurity experts believed that Multifactor Authentication (MFA) was a foolproof method to protect corporate IT systems from hackers. “Now we’re seeing attackers finding ways around it by bombarding the victim with scores of MFA requests or by tricking them over the phone,” says Collard. This tactic, similar to a swarm of bees overwhelming someone, is a simple yet effective social engineering technique used by hackers. “By bugging you repeatedly until you give in, malicious actors can manipulate users into approving fraudulent access attempts,” says Collard.

MFA fatigue attacks, also known as prompt spamming or authentication bombing, exploit human vulnerability, rather than relying on high-tech hacking methods

How can you prevent it?

The best way to prevent MFA fatigue attacks in organisations is not to use push notifications. “While MFA provides an extra layer of security, it’s not foolproof,” she asserts. “From a cybersecurity perspective, I would recommend that organisations disable push notifications altogether and rather use alternative verification methods.”

An example of a better verification method is number matching. “This involves matching a unique code provided by the authentication app with the code displayed on the screen during the login process,” explains Collard.

A challenge-response method is another effective way of providing additional security. This method asks a user a specific question to verify their identity or to perform a task in response to a challenge. “A challenge-response method is more difficult for hackers to bypass. It can involve mechanisms like biometric authentication, in which users must scan their fingerprints or irises or use facial recognition to gain access to a network.” However, both of the above are not immune against so-called man in the middle or social engineering attacks tricking the users to hand over their OTP or response to the fraudster.

Another effective verification method is FIDO2, an open authentication standard that allows users to log in without using passwords. “You can implement FIDO2 using hardware security keys,” she explains. Typically, USB sticks store the user’s private key, while the public key is stored on the authentication server. As soon as the user enters their username and password, the system requests them to use the hardware key. “It is more resistant to phishing as it works on a challenge-response protocol and doesn’t rely on a one-time PIN that can be intercepted,” she adds.

Mindfulness is key

As with all hacking attempts, it’s crucial that users remain calm and mindful, rather than reacting emotionally. “Stay tuned into your body’s responses when dealing with potential cybersecurity threats, whether they are phishing emails or MFA fatigue attacks,” says Collard. “If something feels strange, like if the situation is putting you under undue pressure, listen to that cue and don’t respond in a knee-jerk fashion. In this way, you’ll keep a straight head and thwart potential data breaches.”

Leave a Comment

Your email address will not be published.

You may also like

Business Culture Economy Entertainment Investments

Nigerians Rally Against DSTV’s High Subscription Rates, Embrace SLTV as Affordable Alternative – Anthony Emeka Nwosu

post-image

 

Amid mounting dissatisfaction with DSTV’s steep subscription fees, Nigerians are turning to SLTV in droves, marking a significant shift in the country’s television landscape.

The online outcry against DSTV gained traction when Mike Igozino voiced his frustration, announcing his switch to SLTV and condemning DSTV’s exploitation of hard-earned income. His sentiments resonated widely, sparking a wave of support for SLTV as a more economical option for premium entertainment.

“I can watch all Premier League, Champions League, Italian and Spanish leagues with just #5K monthly?! And DSTV collects 23,800 from me monthly… Nigerians, shine your eyes, DSTV came to steal from us,” declared Igozino, encapsulating the sentiment of many disillusioned consumers.

Jennifer Chioma Owolabi echoed the sentiment, expressing her eagerness to explore SLTV as a viable alternative to DSTV. She sought insights into SLTV’s offerings beyond sports channels, highlighting the growing interest in diversifying entertainment options.

Read More
Business Economy Society Software

Azentio Software wins three honours at IBS intelligence (IBSi) Digital Banking Awards 2024

post-image

Azentio Software (“Azentio”) (www.Azentio.com), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April 19 in Bengaluru, India. The company was declared Segment Winners I SME/Corporate Banking, Regional Winners I Middle East & Africa, and Segment Winners I Compliance Management.

 

Organised by IBS intelligence (IBSi), one of the world’s leading financial technology research, advisory, and news analysis firm firms, the annual award program honours technology players, Banking as a Service (BaaS) providers, digital banks, neo banks, and challenger banks for their excellence in driving impact through technology implementations and innovations using emerging technologies.

The Azentio Accolades

  • Digital Badge of Segment Winners I SME/Corporate Banking
  • Digital Badge of Regional Winners I…
Read More
Announcements Business Economy

Ethnos Hosts FinTech Association of Nigeria for Collaborative Discussions on Cybersecurity

post-image

 

Ethnos, a leading cybersecurity firm based in Lagos, recently welcomed the esteemed members of the FinTech Association of Nigeria to their premises for a collaborative meeting aimed at enhancing cybersecurity measures within the financial technology sector.

The event provided an invaluable platform for industry stakeholders to engage in insightful discussions on the evolving landscape of cybersecurity in Nigeria’s burgeoning fintech industry. Led by Peter Ejiofor, the CEO of Ethnos, the gathering underscored the importance of fostering strong partnerships to fortify cybersecurity frameworks and mitigate emerging threats.

Expressing gratitude to the FinTech Association of Nigeria for their visit, Peter Ejiofor remarked, “Thank you to the FinTech Association of Nigeria for stopping by at our office. It was a pleasure hosting such esteemed professionals, and we are committed to fostering positive progress and achievements in our collaborative efforts moving forward.”

The meeting exemplified Ethnos’ dedication to promoting cybersecurity excellence and its commitment to supporting…

Read More
Business Economy Technology Technology Trends Telecoms

Africa Data Centres debuts ADC Channel programme

post-image

The primary goal of ADC Channel is to foster collaboration among partners within the ISP, Carrier, Telecommunications, Systems Integration, ICT and Data Centre providers; Channel Partners will have additional product offerings to add to their current portfolio and in turn generate new revenue streams; The programme offers partners easy access to data centre experts and will provide ongoing commercial and technical support.

Africa Data Centres, a division of the Cassava Technologies group, is excited to announce the launch of its exclusive channel partner programme, ADC Channel. This programme is designed to establish colocation and ecosystem partnerships, empowering members to expand their product portfolio & offerings alongside their market presence including an expanded data centre footprint.

ADC Channel presents a unique opportunity for global carriers, Internet Service Providers (ISPs), system integrators, Data Centres, Mobile Network, Content Developer, telecommunications companies, network infrastructure operators, hyperscalers and others to deliver state-of-the-art, sustainable and cost-effective digital solutions to…

Read More
Business

Chinenye Anuforo Honored with MTN Nigeria Foundation Chairman’s Award for Outstanding Reportage

post-image

 

Chinenye Anuforo, a distinguished journalist with The Sun Newspapers, has been recognized with the prestigious MTN Nigeria Foundation Chairman’s Award for Innovative Reportage. The award ceremony took place during the School of Media and Communication’s (SMC) graduation ceremony for the MTN Media Innovation Program (MIP-2).

Presented by Mrs. Odunayo Sanya, the Executive Director and Board Member of MTN Foundation, along with a cash prize, the award acknowledges Chinenye’s exceptional report on the MTN Foundation Y’ellopreneur initiative. This initiative focuses on empowering women entrepreneurs by providing essential tools such as training, funding, and mentorship.No alt text provided for this image

Chinenye’s report highlighted the significant impact of the Y’ellopreneur initiative on women’s entrepreneurial aspirations in Nigeria. Her insightful exploration of the program’s contributions earned her this esteemed recognition.

Expressing her gratitude, Chinenye Anuforo stated, “I am pleased to receive the MTN Foundation Chairman’s…

Read More
Business Economy Environment Society Tourism Travels

Transcorp Hotel Expands to Lagos with Ambitious Project

post-image

 

Transcorp Hotels Plc, under the leadership of Tony Elumelu, is set to establish its presence in Lagos with the construction of the Transcorp Hotel Ikoyi Lagos. The upcoming 20-story property, slated for completion in 2027, aims to offer 315 rooms, positioning itself as a formidable competitor to industry giants like Marriott and Sheraton.

The project, which faced delays in its development, has now resumed construction after overcoming various challenges. With 90% of the company’s current revenue stemming from its Abuja property, known as Transcorp Abuja, the Lagos venture marks a strategic move to diversify earnings and expand its footprint in the hospitality sector.

Dupe Olusola, the Managing Director and Chief Executive Officer of Transcorp Hotels Plc, emphasized the significance of the Lagos expansion, highlighting its potential to drive revenue growth and enhance the firm’s position in the hospitality market. Financing options, including equity…

Read More
Business Economy Events Technology Technology Trends

Hanson Johnson of Start Innovation Hub Propels Akwa Ibom’s Transformation into an ICT Hub

post-image

 

In a pivotal move aimed at reshaping the economic landscape of Akwa Ibom State, Hanson Johnson, the Founder/CEO of Start Innovation Hub and a prominent figure in the digital ecosystem, has unveiled plans for the Akwa Ibom Tech Week. This initiative marks a significant step towards transitioning the state from its reliance on oil and agriculture to becoming a thriving center for Information and Communication Technology (ICT).No alt text provided for this image

During a recent address, Johnson articulated his vision for the region, stating, “There’s been extensive deliberation within closed circles regarding our shared ambition to transform Africa into a hub for living, working, and creating opportunities, starting right here in Akwa Ibom State 😜. Out of these discussions emerged Akwa Ibom Tech Week and numerous other initiatives, including the Ibom Innovation Network, designed to foster collaboration among innovators.”

Expressing his…

Read More
Business Culture Education

Anambra Governor Lauds State School Girls for National ICT Victory

post-image

 

Chukwuma Soludo, Governor of Anambra State, celebrated the remarkable achievement of three girls from a state school who brought honor to Anambra by securing a national laurel. This accolade comes shortly after another public school, CKC, garnered laurels in the United States.

Governor Soludo conveyed his heartfelt congratulations to Immaculate Ebube Ikegwuonu, Camilla Anyadike, and Nweke-Nonso Oluchi from St. John Vianney Science College, Igbariam, Anambra East LGA, for clinching the prestigious National Girls in ICT Competition 2024 championship title.

Their triumph in the competition, organized by the Federal Ministry of Communication, Innovation, and Digital Economy, not only highlights their exceptional abilities but also brings immense pride to Anambra State.

These talented young ladies displayed unwavering determination, securing victory at the state, regional, and national levels.

Their project, the M-Tag VR, which showcases Nigeria’s iconic landmarks and cultural heritage, exemplifies the innovative spirit and ingenuity of Anambra’s youth.

This victory not only underscores the impact…

Read More