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Hackers bypass online security at 34 banks
Cybercriminals are sneaking past security protections to access online accounts across 34 banks in Switzerland, Sweden, Austria and Japan. And in doing so, experts say, the hackers are defeating what’s often touted as one of the more effective online security protocols. The attack can get past two-factor authentication, which requires customers to type in a code sent to their cellphone or inbox to ensure the user is who he or she claims to be, by convincing customers to download a malicious smartphone app, according to a report released Tuesday by the security firm Trend Micro. The researchers dubbed the technique ... (full story)