CVE-2024-51558

9.8 CRITICAL

📋 TL;DR

This vulnerability allows remote attackers to bypass authentication protections in Wave 2.0 by brute-forcing OTP, MPIN, or password credentials due to missing rate limiting. Any organization using Wave 2.0 with API-based login functionality is affected. Attackers can gain unauthorized access to user accounts through automated credential guessing attacks.

💻 Affected Systems

Products:
  • Wave 2.0
Versions: All versions prior to patch
Operating Systems: All
Default Config Vulnerable: ⚠️ Yes
Notes: Affects API-based login functionality specifically. Requires authentication endpoints to be accessible.

📦 What is this software?

⚠️ Risk & Real-World Impact

🔴

Worst Case

Complete compromise of all user accounts, data theft, unauthorized transactions, and lateral movement within the system leading to full organizational breach.

🟠

Likely Case

Targeted account takeover of specific users, unauthorized access to sensitive data, and potential financial or operational impact.

🟢

If Mitigated

Failed authentication attempts logged but no successful account compromise due to rate limiting and monitoring.

🌐 Internet-Facing: HIGH
🏢 Internal Only: MEDIUM

🎯 Exploit Status

Public PoC: ✅ No
Weaponized: LIKELY
Unauthenticated Exploit: ⚠️ Yes
Complexity: LOW

Exploitation requires no authentication and uses simple brute-force tools. Attackers need valid usernames to target.

🛠️ Fix & Mitigation

✅ Official Fix

Patch Version: Check vendor advisory for specific version

Vendor Advisory: https://www.cert-in.org.in/s2cMainServlet?pageid=PUBVLNOTES01&VLCODE=CIVN-2024-0332

Restart Required: Yes

Instructions:

1. Review vendor advisory for patch details
2. Download and apply the latest Wave 2.0 update
3. Restart affected services
4. Verify authentication rate limiting is functioning

🔧 Temporary Workarounds

Implement API Rate Limiting

all

Configure web application firewall or reverse proxy to limit authentication attempts per IP/user

# Example nginx rate limiting
limit_req_zone $binary_remote_addr zone=auth:10m rate=5r/m;
# Apply to auth endpoints
location /api/auth { limit_req zone=auth; }

Enable Account Lockout

all

Configure temporary account lockout after failed authentication attempts

# Application configuration
max_failed_attempts: 5
lockout_duration_minutes: 15

🧯 If You Can't Patch

  • Implement network-level rate limiting at firewall/WAF
  • Monitor authentication logs for brute-force patterns and alert on thresholds

🔍 How to Verify

Check if Vulnerable:

Test authentication endpoint with rapid consecutive failed attempts to see if rate limiting triggers

Check Version:

Check Wave 2.0 documentation for version command or check application interface

Verify Fix Applied:

Attempt brute-force attack against patched system and verify account lockout/rate limiting activates

📡 Detection & Monitoring

Log Indicators:

  • Multiple failed authentication attempts from single IP
  • Rapid sequence of authentication failures for same user
  • Authentication patterns outside normal business hours

Network Indicators:

  • High volume of POST requests to authentication endpoints
  • Traffic patterns showing credential stuffing tools

SIEM Query:

source="wave_logs" AND (event_type="auth_failure") | stats count by src_ip, user | where count > 10

🔗 References

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