dailycaller.com | 7/10/2018 | Staff
hubbog (Posted by) Level 3
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Timehop, an app often found on social media platforms like Facebook, Instagram and Twitter, said Sunday that a breach of its systems affected 21 million accounts.

The virtual intrusion occurred on July 4. It essentially happened, according to the company, because the cloud-computing servers were for some reason not protected by multi-factor authentication, which is the process of utilizing at least two means for establishing credentials: personal identification numbers, ATM cards or phone numbers, alpha-numerical or pattern passwords, or even biometric data, such as a fingerprint, among others. Two-factor authentication is one of the most basic, but important ways to safeguard data, and is suggested by almost every cybersecurity expert.

Network - Attack - Hours - Timehop - Accounts

The network attack was detected soon after and was stopped only a little more than two hours later, says Timehop. Still, roughly 21 million accounts were “affected with a name and email.” And just under 22 percent, or 4.7 million of “those accounts have a phone number attached to them.”

Timehop says it has no evidence as of yet that the data obtained by the online menaces have been used in any way. “All the access keys have been de-authorized and cannot be used,” it says on the blog post announcing the incident, meaning that reentry the same way again is unlikely.

Timehop - Services - Well - Threat - Intelligence

“Timehop has retained the services of a well established cyber threat intelligence company that has been seeking evidence of use of the email addresses, phone numbers, and names of users,” the...
(Excerpt) Read more at: dailycaller.com
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