Re:Tell HN: SMS-based two-factor authentication is not secure
by sgerenser on Wednesday June 09, 2021 @01:25PM
(#27450603)
Couldn’t this entire scenario play out exactly the same with SMS codes?
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Re:Tell HN: SMS-based two-factor authentication is not secure
by UncleMeat on Wednesday June 09, 2021 @01:39PM
(#27450780)
Yes.
The point is the TOTP is precisely as bad as SMS for the common case (phishing) and only safer in a rare case (SIM-swap). This comes with large downsides (losing access).
TOTP is, at best, a very marginal improvement over SMS. This is what makes the online push to complain about services that use SMS 2FA and demand a switch to TOTP very strange.