Hong Kong Domain Name Registration Company Limited (HKDNR) has launched Two-factor Authentication (2FA), enhancing security for protecting .hk domain name against cyberattacks such as website defacement and domain name poisoning.
Data breaches, malware and cyberattacks are on the rise. According to the 2015 Symantec Internet Security Threat Report, advanced attackers targeted five out of six large companies in 2014, a 40% increase from 2013, indicating a growing need for a simpler and more effective way to protect critical online assets.
As most businesses rely on the use of a username and password as authentication before accessing secure online information, static password tends to be easily compromised and not providing sufficient protection.
“Two-Factor Authentication is the prevalent approach to protect users against the more sophisticated hacking techniques. Commonly used in the banking industry, the dual mechanism delivers a higher level of security to protect domain name information from being hacked, whilst users reap the benefits of stronger, smarter authentication with the least compromise on user-friendliness and efficiency,” said Jonathan Shea, CEO of HKIRC.
With the new 2FA feature, HKDNR can increase the internet security for its users to reduce the risk of .hk domain name from being maliciously used, resulting in incidents such as website defacement. Users may choose to generate a one-time password through mobile apps, or use dual passwords to access their account.