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SMS-2FA is harmful and literally doesn't work. There is no reason to ever enable it.
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Another day, another chance to remind everyone that text-message passwords are not multi-factor authentication, it's two-step verification using only 1 factor. "SMS 2FA" is an oxymoron & harmful for MFA efforts. CCing my fave opinionites @riskybusiness @Metlstorm @taviso twitter.com/josephfcox/sta…
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No, it doesn't mitigate those attacks. That's the problem, if it did then that would be great. "Don't let the perfect be the enemy of the good" only applies when something is good enough, but not perfect. The problem is that SMS-2FA is *not* good enough.
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What makes you say it doesn't mitigate those attacks? To me, it seems like it depends on context: if I have to spend $16 to compromise an account, and a large number of accounts are worthless, that will be a substantial average spend per valuable account, as an attacker
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