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Cyber Security Today, Oct. 4, 2021 – Select group of countries to fight cybercrime, Coinbase victimized by 2FA error, a text messaging scam and more.

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Select group of countries to fight cybercrime, Coinbase victimized by 2FA error a text messaging scam and more.

Welcome to Cyber Security Today. It’s Monday October 4th. I’m Howard Solomon, contributing writer on cybersecurity for ITWorldCanada.com.

 

Thirty countries have been invited by the United States to meet virtually this month to find ways to fight cybercrime. President Biden said the goal is to build a coalition of nations to improve law enforcement collaboration, stem the illicit use of cryptocurrency and work together in diplomatic bodies to disrupt malicious cyber activity. By the way, among the things Biden urges organizations to do for their part is encrypt their data and use multifactor authentication.

Multifactor or two-factor authentication is one of the best things an organization can do. It reduces the odds of an attacker successfully abusing the theft of people’s passwords to steal data. But it’s not merely getting the IT…

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