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Russian hackers bypass Gmail MFA using stolen app passwords
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In this case with app passwords it would not. App passwords is a feature to basically support less secure software and scenarios. The problem here is password reuse.
App passwords by design are limited to one auth method or source. Imagine a photo copier sending email. If you needed MFA for each copy and to change the password every 30-90 days, it would be a pain. So app password , longer harder password only used for the one place. But people still use easy password that they use elsewhere.