Supply Chain Council of European Union | Scceu.org
Supply Chain Risk

Facebook To Add 2FA To Some Accounts

Facebook will increase its security offerings, especially for high-profile users, the social media giant announced Tuesday (Dec. 22).

The company will support the use of security keys on mobile devices so anyone logging into an account will need more than just a password, a Facebook official told PYMNTS. The company sees likely users as political campaign staffers, journalists and activists.

Security keys can take a variety of forms, including fobs that generate numbers that must be used alongside traditional passwords during the account login process. Facebook already offers them to certain high-profile users, but only for use with desktop computers. Security keys will work with mobile devices logging into Facebook accounts beginning in 2021.

Facebook has upgraded security since widespread public allegations that the platform was compromised by individuals and entities seeking to influence the outcome of the 2016 presidential election, Axios reported.

Some of Facebook’s security protocols, including two-factor authentication, are wrapped into a suite of offerings called Facebook Protect that already is available to users determined to be at high risk of having their accounts compromised.

To date, Facebook Protect only has been available in the United States. In 2021, according to the Facebook official, Facebook Protect will be available internationally to anyone involved in elections.

Facebook stated that more than 70 percent of individuals “closely involved” in U.S. elections in 2020 used two-factor authentication to protect their Facebook accounts, Axios reported.

Nathaniel Gleicher, Facebook security head, told Axios: “Bad actors are trying to target social media assets of prominent voices. Just because you’re not a CEO or a political candidate doesn’t mean you’re not a prominent person in your field and a target.”

He added, according to Axios: “Our thesis is that you have to protect accounts because every compromised asset can become a tool that is used by bad actors for greater harm — much greater — afterwards, in addition to causing immediate harm to people.”

——————————

NEW PYMNTS STUDY: HOW LOCATION DATA CAN HELP BANKS PREVENT ONLINE FRAUD 

The November 2020 study How Location Data Can Help Banks Prevent Online Fraud, PYMNTS surveyed a balanced panel of 2,141 U.S. consumers who own mobile devices and use credit or debit cards at least monthly. The study examined their willingness to share mobile location data with FIs to keep their accounts safe as well as their interest in switching to banks that leverage geolocation tools to prevent fraud.

Related posts

Customer sent to prison for killing Garden Grove nail salon manager in Las Vegas parking lot incident – Orange County Register

scceu

To understand the scale of the climate emergency, look at hurricanes | Peter Kalmus

scceu

Padres rumored to be targeting José Ramírez despite payroll issues

scceu