Reddit.com today disclosed that a data breach exposed some internal data, as well as email addresses and passwords for some Reddit users. As Web site breaches go, this one doesn’t seem too severe. What’s interesting about the incident is that it showcases once again why relying on mobile text messages (SMS) for two-factor authentication (2FA) can lull companies and end users into a false sense of security.
T-Mobile is investigating a retail store employee who allegedly made unauthorized changes to a subscriber’s account in an elaborate scheme to steal the customer’s three-letter Instagram username. The modifications, which could have let the rogue employee empty bank accounts associated with the targeted T-Mobile subscriber, were made even though the victim customer already had taken steps recommended by the mobile carrier to help minimize the risks of account takeover. Here’s what happened, and some tips on how you can protect yourself from a similar fate.
