2-factor authentication wouldn’t have prevented AP Twitter hack

When a hacked Twitter account spreads false news of an explosion at the White House and causes hysteria that spurs a 140 point drop in the stock market, it should encourage calls for Twitter to bolster its security measures, so it’s no surprise that many are clamoring for Twitter to offer 2-factor authentication. One problem with this – news outlets are reporting that hackers gained access to the AP’s account through a phishing attack. While 2-factor authentication makes it more difficult to phish an account, it will not prevent this type of attack from being successful (nor will a more complex or longer password for that matter). [Read more…]