Phishing, despite its somewhat innocuous name, remains one of the foremost security threats facing businesses today. Improved awareness by the public and controls such as multi-factor authentication (MFA) have failed to stem the tide. The FBI Internet Crime Report puts phishing and its variants (spear phishing, smishing, vishing) as the top cybercrime for the last five years, and the advent of generative AI has only added fuel to the fire. Using ChatGPT and other tools, hackers can quickly create personalized messages, in local languages, to launch widespread, highly effective phishing campaigns. In the last six months alone, malicious emails have increased by 341%, prompting industry experts to urge organizations of all sizes to implement phishing-resistant MFA.
First seen on securityboulevard.com
Jump to article: securityboulevard.com/2024/09/what-is-phishing-resistant-mfa-and-how-does-it-work/