Fintech Statrys is adding MFA to further strengthen security

Statrys MFA

Verma Pankaj CTO

mfa Statrys

In response to growing cybersecurity threats in Asia

HONG KONG, July 18, 2022 /EINPresswire.com/ – Hong Kong-based Fintech Statrys introduces MFA on all its platforms to enhance the security of its services. Statry’s mission is to be the world’s “go-to” payment platform for small and medium-sized businesses and entrepreneurs. The company offers virtual business accounts with all the features of a traditional banking offer, but without bureaucracy and stress.

This feature is intended to ensure that users’ accounts are always safe and under their control and access. The financial industry is usually in the top five sectors for the severity and frequency of cyber attacks. The IBM Security X-Force Threat Intelligence Index from 2022 found that Asia has become the region most targeted for cyberattacks, with financial services and manufacturing organizations in particular experiencing almost 60% of attacks.

Hong Kong is an attractive target for cyberattacks as a leading global financial center. With more than $ 2 billion in transaction value, Statrys wants to ensure that further transactions are completed without fear of fraud.

“We are going the extra mile to ensure that your Statrys account is more secure than ever before. After all, the security of customers ‘money is our highest priority. “- Pankaj Verma, Statrys’ Chief Technology Officer.

By using multi-factor authentication, Statrys helps ensure access to the platform, protect users’ identities and guarantee that the correct user performs each transaction.

Multi-factor authentication at Statrys is implemented at all platform and mobile app levels, which ensures that mobile security is as reliable as other methods. MFA takes care of their account in case any of the devices are misplaced. Even if a password or other authentication method is compromised, it is extremely rare for a hacker to also have a second or third authentication factor.

By fully implementing multiple-factor authentication, Statrys can provide its customers with a more secure way to make payments online.

To ensure that customers are informed of the change in security features, Statrys has already notified its existing customers of the upcoming change in an email sent on July 6, 2022, informing them of the new confirmation rules that will take effect July 18, 2022 .

For more information about Statrys and to open an account, visit statrys.com.

About Statrys

Launched in 2018, Statrys is a payment platform designed to help small and medium-sized businesses grow their business internationally. It supports 11 main currencies in one account with multiple currencies and features such as FX Forward and Spot services and additional IBAN account numbers in the EU. At Statrys, we provide small businesses with the same features and security that larger institutions offer.

Djon Ly
Statrys Limited
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