Sharesies to boost security after users complain to CertNZ

Sharesies co-founder and chief technology officer, Richard Clark said its security protocol had been validated through “multiple external security audits with a group of top security testing firms”.

Dan Brunskill

Wed, 07 Jul 2021

Sharesies will add two-factor authentication to its login process after users raised concerns about the vulnerability of the platform and lodged a complaint with online watchdog, CertNZ.The announcement comes after a popular post on Reddit claimed users’ passwords were the only line of defence, leaving accounts vulnerable to hackers who could easily cash investments and steal funds if a password was compromised.Sharesies said this was not correct as there were other layers of security not visible to users, such as internal account and tra...

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