Many professional and financial service companies are leaving their IT security to chance. According to a survey by SecureAuth, organisations in the professional and financial service industry are trusting only one layer of defence to protect their assets. The reliance on single-factor authentication is leaving companies’ extremely vulnerable to data breaches.

The Paypers also commented on the fact that a quarter of professional and financial service companies plan to change their access security in the net five years from just password only. This means there is hope for data protection with Two-Factor authentication on the horizon for professional and financial services.

Check out the full article on The Paypers to read more.