Hong Kong Orders Brokers and Crypto Platforms to Scrap One-Time Password Logins

A new SFC circular gives internet brokers and licensed virtual-asset platforms 12 months to replace OTP logins with phishing-resistant authentication such as passkeys, and warns firms they will be held accountable for client losses from preventable hacks. The post Hong Kong Orders Brokers and Crypto Platforms to Scrap One-Time Password Logins appeared first on Unchained.