Category Archives: multi-factor authentication

Identity platform Auth0 raises $103M, pushing its valuation over $1B

Auth0, a 2013-founded identity and authentication platform, has pushed into unicorn territory with a $1 billion valuation after raising $103 million in its latest Series E round. The round was led by Sapphire Ventures, with participation from K9 Ventures, Telstra Ventures and several others. In all, Auth0 total funding tops $210 million to date. Auth0 — pronounced “auth-zero” — provides authentication-as-a-service to its corporate customers — or, to everyone else, a secure login system used to properly authenticate the identity of employees. Anyone working in a medium-to-large […]

Read more

SIM swap hacker caught in Florida

Florida police have arrested 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM Swapping techniques to steal thousands in Bitcoin and to “drain bank accounts” according to security researcher Brian Krebs. Handschumacher’s scam was simple: he called+ telecom operators and ask them to swap his SIM card for the victim’s SIM card. This, in turn, gave him access to two-factor authentication techniques via SMS and allowed him to access email accounts, bitcoin wallets, and file storage systems. […]

Read more