IG Japan Rolls Out Mandatory 2FA Amid Surging Phishing Attacks
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IG Securities (IG Japan) is mandating two-factor authentication for all clients by June after uncovering issues involving specific personal information and a surge in phishing attacks. The enforced 2FA will lock out users who do not opt in, representing a security upgrade that should boost protection and trust for crypto and CFD customers, reduce account risk on CEXs and brokerages, and support adoption.
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- IG Securities is mandating clients to enable two-factor authentication on their accounts.
- The firm targets a June deadline and advised clients to make adjustments on time.
- IG Japan recently uncovered issues involving “specific personal information.”
IG Securities, a Japanese subsidiary of IG Group, a leading London-headquartered financial technology company, has begun mandating that all its clients enable two-factor authentication (2FA) by June. According to reports, the firm took this step to tighten account protection following a surge in phishing attacks.
A Complete Security Protocol Switch
The mandatory 2FA will replace IG Securities’ current optional setup and would leave clients who do not adjust to the new protocol locked out of their accounts and unable to log in. Notably, users who have already completed the 2FA setup will not need to adjust their…
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