LACNIC Members: Importance of Protecting Your Access Credentials

July 1, 2024

LACNIC Members: Importance of Protecting Your Access Credentials
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By Graciela Martínez and Alfredo Verderosa

During LACNIC 41, we presented an update of the two-factor authentication (2FA) system. The goal was to stress its importance and raise awareness among LACNIC members.

Why is this cause for concern? Because we discovered that more than 574 access credentials to various LACNIC systems were for sale on different black markets.

In addition, at the beginning of this year we detected 120 successful logins by unauthorized third parties to MiLACNIC (the platform for LACNIC members) and immediately created a working group to manage the incident appropriately.

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Compromised Accounts

Of the 574 compromised accounts we detected, nearly 80% were using weak or very weak passwords.

Therefore, in addition to using stronger passwords, it is essential to include another authentication factor in the authentication process.

Incorporating multiple authentication factors to verify the user’s identity adds an additional layer of security.

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