Dropbox Adds Two-Factor Authentication
angry tapir writes "File-sharing service Dropbox is now offering two-factor authentication, a system that makes it much harder for hackers to capture valid credentials for a person's account. Dropbox, one of the most widely used web-based storage services, said last month it planned on introducing two-factor authentication after user names and passwords were stolen from another website and used to access accounts."
Dropbox wasn't hacked in the prior attack. Also, in a successful attack now you have two different products you have to find a security exploit on. Just throwing up your hands and saying 'everything can be hacked' isn't a security methodology.
The problem is that in the Dropbox company it was fine to just make a drop box account with some password that you reuse elsewhere. That is the fundamental problem. They don't have their employees use KeePass, or 1Password or something similar and generate random passwords that they change routinely, or any of these other security practices that would have prevented this attack without the two factor authentication. Dropbox is a huge target and does not have the expertise to play in that league (evidenced by the fact that they needed outside help to figure out this attack). I think the two factor authentication is a good thing, but if they think "OK, problem solved" then it is not helping them. There is no replacement for good security practices, especially in a company with such a high profile.