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ACSC Security Alert: Importance of Two-Factor Authentication in Cybersecurity

June 19, 2024

As members of the Australian Cyber Security Centre APAN regularly receives reports on security alerts. Last week we received three Security Alerts regarding cyber supply chain incidents that are impacting almost all sectors of the Australian economy.

Are you implementing your two-factor authentication policy?

Two-factor authentication (2FA), sometimes referred to as two-step verification or dual-factor authentication, is a security process in which users provide two different authentication factors to verify that they are permitted to access computer data.

  • 2FA is implemented to better protect both a user’s credentials and the resources the user can access. Two-factor authentication provides a higher level of security than authentication methods that depend on single-factor authentication (SFA), in which the user provides only one factor
  • Typically, a password or passcode. Two-factor authentication methods rely on a user providing a password as the first factor and a second, different factor
  • Usually either a security token or a biometric such as a fingerprint or facial scan.
As members of the Australian Cyber Security Centre, APAN regularly receives critical security alerts. Recently, we received three alerts on cyber supply chain incidents affecting Australia's economy. Implementing a robust two-factor authentication policy is crucial to safeguarding your data against rising cyber threats.

With the increase in cybercrime please ensure that you are vigilant in implementing a two-factor authentication policy when accessing your data to ensure you are fully protected.

This policy should apply to your staff as well. While this is a simple process, it is now imperative to ensure your valuable data and the privacy of your clients’ information is secured from potential cybercrimes.

Where can I go for help?

The ACSC is the leading Australian body that is committed to monitoring cyber activity. They can provide you with advice and assistance if you have been impacted and require assistance. 

You can call them on 1300 292 371.

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