There have been so many major data breaches over the past year or two that it's hardly even news anymore when millions of customer accounts are compromised. We've become jaded, and just expect that attackers will find a way to penetrate our networks and steal our data. The reality, however, is that there is one simple thing companies--and individuals--can do that will prevent the vast majority of data breaches: two-factor authentication.
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PayPal was one of the first large online services providers to offer two-factor authentication to its users, but until recently the company's implementation had a loophole that could have allowed attackers to bypass this additional protection.
Everybody from the Federal Trade Commission (FTC) to a unanimous crowd of security experts has been issuing increasingly insistent warnings that security is not being taken seriously in the explosive development of the Internet of Things (IoT).