Cybersecurity

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kid@sh.itjust.works

Lanky_Pomegranate530@midwest.social

Threat Actor ProKYC Selling Tools To Bypass Two-Factor Authentication (gbhackers.com)

submitted 1 month ago by kid@sh.itjust.works to c/cybersecurity@sh.itjust.works

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[–] cron@feddit.org 7 points 1 month ago* (last edited 1 month ago) (1 children)

Not really a MFA bypass, but rather some impressive social engineering:

The attacker leverages AI-generated deepfakes to create a synthetic identity complete with a forged government document (e.g., passport) and a facial recognition bypass video.

They use this identity to gain access to the account, if I understood it right.

[–] Breve@pawb.social 5 points 1 month ago

It's to get around the KYC (Know Your Client) requirements that many financial institutions and cryptocurrency exchanges have when creating a new account to curb money laundering. Obviously criminals using crypto for dark markets need a way to convert it back to cash without giving up their real identity.